VEON (VEON) Expected to Announce Quarterly Earnings on Thursday

VEON (NASDAQ:VEON) will likely be announcing its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of $0.92 per share and revenue of $1.01 billion for the quarter.

VEON Price Performance

Shares of VEON stock opened at $45.98 on Wednesday. The stock has a 50 day moving average price of $44.32 and a 200 day moving average price of $36.84. VEON has a 52-week low of $22.17 and a 52-week high of $48.39. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.80 and a current ratio of 0.81. The firm has a market capitalization of $3.40 billion, a P/E ratio of 6.15 and a beta of 1.47.

Wall Street Analysts Forecast Growth

Separately, Benchmark lifted their target price on VEON from $48.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd.

About VEON

VEON Ltd., a digital operator, provides connectivity and internet services in Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. It offers mobile telecommunications services, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; data connectivity, cross border transit, voice, Internet, and data services; fixed-line telecommunications using intercity fiber optic networks; and Internet-TV using Fiber to the building technology.