Previous Close | 18.84 |
Open | 19.02 |
Bid | 18.93 x 1486100 |
Ask | 18.93 x 1500000 |
Day's Range | 18.90 - 19.02 |
52 Week Range | 18.90 - 19.02 |
Volume | |
Avg. Volume | N/A |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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Deutsche Telekom on Thursday raised its annual earnings forecast for the second time after beating quarterly estimates, and said it could achieve its goal of a majority stake in U.S. unit T-Mobile much sooner than 2024. The company has said it wants to own a majority of T-Mobile, which led much of the group's subscriber growth in the second quarter, over the medium term. Deutsche Telekom now expects to post adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) of around 37 billion euros ($38 billion) in 2022, up from previous guidance of more than 36.6 billion euros.
STOCKHOLM (Reuters) -Deutsche Telekom on Thursday raised its annual earnings forecast for the second time after beating quarterly estimates, and said it could achieve its goal of a majority stake in U.S. unit T-Mobile much sooner than 2024. The company has said it wants to own a majority of T-Mobile, which led much of the group's subscriber growth in the second quarter, over the medium term. Deutsche Telekom now expects to post adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) of around 37 billion euros ($38 billion) in 2022, up from previous guidance of more than 36.6 billion euros.
Deutsche Telekom lifted its annual outlook for the second time and posted quarterly core profit above estimates on Thursday, supported by upbeat performances in its U.S. unit T-Mobile along with growth in its European business. Adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) rose to 9.9 billion euros ($10.19 billion), beating consensus estimates of 9.84 billion euros in a poll of analysts published by the company. The telecoms operator's second-quarter revenue rose 5.9% to 28.2 billion euros, in line with consensus estimates.