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Veon Ltd Reports Results For The Quarter Ended June 30: Earnings Summary

VEON Ltd VEON.OQ reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended June 30.  The lone analyst forecast for the quarter was for earnings of 95 cents per share.

Revenue rose 5.9% to $1.09 billion from a year ago; analysts expected $1.02 billion.

VEON Ltd's reported EPS for the quarter was $8.30​.

The company reported quarterly net income of $596 million.

VEON Ltd shares had risen by 13.6% this quarter and gained 30.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.7% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for VEON Ltd is $62.00, about 15.6% above its last closing price of $52.35

This summary was machine generated from LSEG data August 7 at 05:42 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.950.76Missed
Mar. 31 20250.831.36Beat
Dec. 31 20240.770.98Beat
Sep. 30 20242.953.00Beat

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