Cellcom Israel (CEL) Issues Earnings Results, Misses Estimates By $0.15 EPS

Cellcom Israel (NYSE:CEL) issued its earnings results on Thursday. The technology company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.15), MarketWatch Earnings reports. The firm had revenue of $251.00 million during the quarter. Cellcom Israel had a return on equity of 0.96% and a net margin of 0.37%.

CEL traded up $0.12 during midday trading on Friday, hitting $6.90. 1,816 shares of the company were exchanged, compared to its average volume of 5,899. The company has a market capitalization of $685.08 million, a P/E ratio of 226.00 and a beta of 1.91. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.47 and a current ratio of 1.51. Cellcom Israel has a 1-year low of $5.43 and a 1-year high of $10.62.

Separately, TheStreet lowered Cellcom Israel from a “c” rating to a “d+” rating in a research note on Monday, September 10th.

COPYRIGHT VIOLATION NOTICE: This report was published by WKRB News and is the sole property of of WKRB News. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://www.wkrb13.com/2018/11/25/cellcom-israel-cel-issues-earnings-results-misses-estimates-by-0-15-eps.html.

Cellcom Israel Company Profile

Cellcom Israel Ltd. provides cellular and landline telecommunications services in Israel. It operates through two segments, Cellular and Fixed-line. The company offers basic cellular telephony services, such as voice mail, cellular fax, call waiting, call forwarding, caller identification, conference calling, and inbound and outbound roaming services; and data transfer, and upload and download services.

Recommended Story: Why do companies issue stock splits?

Earnings History for Cellcom Israel (NYSE:CEL)

Receive News & Ratings for Cellcom Israel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cellcom Israel and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply