Mobile TeleSystems OJSC ($MBT) 2Q20 Earnings Preview

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Mobile TeleSystems OJSC (NYSE:MBT) is expected to report second quarter earnings results, before market open, on Wednesday 19th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.17 per share.

Looking ahead, the full year income are expected at $ 0.92 per share on the revenues of $ 6574.00 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 7,142.00 million ~ $ 7,356.00 million

Click Here For More Historical Outlooks Of Mobile TeleSystems OJSC

Previous Quarter Performance

Mobile TeleSystems OJSC outlined income for the first quarter of $ 0.15 per share, from the revenue of $ 1,794.00 million. The quarterly earnings declined 20.59 percent compared with the same quarter last year. Street analysts expected . The bottom line results street analysts by $ 0.04 or , at the same time, top line results analysts by $ 12.9 million or .

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Stock Performance

According to the previous trading day, closing price of MBT was $ 9.49, representing a 53.06 % increase from the 52 week low of $ 6.20 and a 13.73 % decrease over the 52 week high of $ 11.00.

The company has a market capital of $ 8.29 billion and is part of the Communication Services sector and Telecom Services industry.

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Mobile TeleSystems Public Joint Stock Company provides telecommunication services primarily in Russia, Ukraine, and Armenia. It operates through Russia Convergent, Moscow Fixed Line, Ukraine, and MTS Bank segments. The company offers voice and data transmission services, including data transfer, Internet, broadband, and pay TV; and various value added services, including big data, Internet of Things, cloud, and e-commerce services through wireless and fixed lines, as well as sells equipment, accessories, and software.