Telia Company Q3 2022 Results: Revenues Exceed Expectations, EPS Lags

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Telia Company (STO:TELIA) Third Quarter 2022 Results

Main financial results

  • Turnover: 22.5 billion kr (up 5.6% compared to the 3rd quarter of 2021).
  • Net income: kr 1.71 billion (up 8.6% compared to Q3 2021).
  • Profit margin: 7.6% (vs. 7.4% in 3Q 2021).
  • EPS: 0.42 kr (compared to 0.39 kr in the 3rd quarter of 2021).
OM: TELIA Growth in results and turnover October 23, 2022

All figures shown in the table above are for the 12 month period (TTM)

Telia Company’s Revenues Exceed Expectations, EPS Falls Short

Revenue beat analysts’ estimates by 3.2%. Earnings per share (EPS) missed analysts’ estimates by 15%.

Going forward, revenues are expected to grow by an average of 1.1% per year over the next 3 years, compared to a growth forecast of 2.0% for the telecommunications industry in Sweden.

Performance of the Swedish telecommunications industry.

Shares of the company are down 12% from a week ago.

Risk analysis

It is necessary to consider the ubiquitous spectrum of investment risk. We have identified 3 warning signs with Telia Company (at least 2 of which are of concern), and understanding them should be part of your investment process.

Valuation is complex, but we help make it simple.

Find out if Telia Company is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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