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Hellenic Telecom Organization S.A. (ADR) (HLTOY)
OTHER OTC:HLTOY
Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.19Last Year’s EPS
0.18Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -6.58%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong operational performance in Greece, particularly in subscriber growth and fiber infrastructure development. However, challenges in Romania and a decline in wholesale revenues presented significant concerns. While positive trends in mobile revenue growth and successful content agreements were noted, energy cost increases and fixed retail revenue pressures are areas to watch.Company Guidance
In the third quarter of 2024, OTE Group showcased steady growth, marked by a 2% increase in group revenues and a consistent 1.5% improvement in Greek EBITDA, maintaining a robust 39% margin. The company achieved significant milestones with a record number of net additions in TV subscriptions, partly fueled by a sports content sharing agreement with Nova, which is expected to further enhance growth as the government intensifies measures against piracy. Despite a challenging market in Romania, where provisions linked to tax settlements impacted profitability, the overall group adjusted EBITDA after leases remained solid. The company is also advancing its FTTH infrastructure, nearing 1.5 million homes passed, with a target of surpassing 1.7 million by year-end. This infrastructure expansion is supported by government-approved gigabit subsidy schemes, expected to bolster FTTH take-up and reduce broadband tax on connections of 100 Mbps and above starting January 2025. These initiatives, along with strategic wholesale agreements, are set to accelerate OTE's growth momentum into 2025.Solid Operational Performance in Greece
Revenues up across most activities and higher EBITDA without relying on previous revenue drivers. Significant increase in subscriber numbers with record net additions in September.
Fiber Infrastructure and Government Support
Greek government approved schemes to subsidize high-speed connections and fiber cabling costs. FTTH subscribers increased by 65% year-on-year, with 355,000 total subscribers.
Successful Sports Content Sharing Agreement
Sports content sharing agreement with Nova led to the steepest increase in Pay-TV customers in a few years, up 24,000 to 710,000 subscribers.
Strong Mobile Revenue Growth
Mobile service revenues in Greece grew nearly 3%, with data usage reaching 16 GB per user per month, a 13% increase year-on-year.
Improved Financial Metrics and Cash Flow
Group revenues rose 2%, and the adjusted EBITDA margin in Greece was 42.4%. Free cash flow after leases was EUR 95 million, up sharply compared to Q3 last year.
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Hellenic Telecom Organization SA (HLTOY) Earnings, Revenues Date & History
HLTOY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HLTOY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $8.06 | $7.81 | -3.10% |
| Aug 07, 2024 | $8.09 | $8.04 | -0.62% |
| May 14, 2024 | $7.29 | $7.26 | -0.41% |
| Feb 22, 2024 | $7.19 | $7.00 | -2.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hellenic Telecom Organization S.A. (ADR) (HLTOY) report earnings?
Hellenic Telecom Organization S.A. (ADR) (HLTOY) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Hellenic Telecom Organization S.A. (ADR) (HLTOY) earnings time?
Hellenic Telecom Organization S.A. (ADR) (HLTOY) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HLTOY EPS forecast?
HLTOY EPS forecast for the fiscal quarter 2024 (Q4) is 0.19.
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