According to Zacks, “Deutsche Telekom is Europe’s largest communications company and one of the largest communications carriers worldwide. Through T-Mobile, Deutsche Telekom’s mobile telephony subsidiary, and through other subsidiaries and investments, Deutsche Telekom serves mobile telephony customers worldwide. Deutsche Telekom offers its customers a complete range of fixed-line voice telephony products and services. “
Several other analysts have also issued reports on the company. Macquarie lowered Deutsche Telekom from a neutral rating to an underperform rating in a report on Wednesday, July 17th. Berenberg Bank reiterated a sell rating and set a $12.70 target price on shares of Deutsche Telekom in a report on Wednesday, July 31st.
Deutsche Telekom (OTCMKTS:DTEGY) last issued its quarterly earnings results on Thursday, August 8th. The utilities provider reported $0.31 EPS for the quarter. Deutsche Telekom had a return on equity of 10.65% and a net margin of 3.22%. The company had revenue of $22.10 billion for the quarter. On average, equities analysts expect that Deutsche Telekom will post 1.06 EPS for the current year.
About Deutsche Telekom
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.
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