VEON (VEON) to Release Quarterly Earnings on Thursday

VEON (NASDAQ:VEON) is projected to release its Q1 2025 earnings data before the market opens on Thursday, May 15th. Analysts expect VEON to post earnings of $0.83 per share and revenue of $996.00 million for the quarter. VEON has set its FY 2025 guidance at EPS.

VEON (NASDAQ:VEON) last issued its quarterly earnings data on Thursday, March 20th. The Wireless communications provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.06. The firm had revenue of $998.00 million during the quarter, compared to analysts’ expectations of $1.01 billion. VEON had a negative net margin of 81.71% and a positive return on equity of 36.48%.

VEON Trading Up 6.1%

VEON opened at $49.70 on Tuesday. The firm’s fifty day moving average is $43.43 and its two-hundred day moving average is $40.81. 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 cap of $3.68 billion, a PE ratio of 8.67 and a beta of 1.43. VEON has a twelve month low of $25.20 and a twelve month high of $50.80.

Analysts Set New Price Targets

Separately, Benchmark upped their price objective on shares of VEON from $56.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, March 25th.

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.