Earnings Alerts

Turk Telekomunikasyon As (TTKOM) Earnings: Boost in FY Revenue Forecast with Strong Q2 Results

  • Turk Telekom has increased its full-year revenue growth forecast from 8%-9% to 10%.
  • Net income for the second quarter stands at 4.87 billion liras, a 14% increase year-over-year, surpassing the estimate of 4.74 billion liras.
  • Second quarter sales were 50.43 billion liras, marking a 13% growth from the previous year, but slightly below the estimated 51.14 billion liras.
  • EBITDA for the second quarter reached 21.26 billion liras, up 23% year-over-year, exceeding the forecast of 20.37 billion liras.
  • The EBITDA margin for the quarter was 42.2%.
  • Capital expenditure for the period was reported at 13.3 billion liras.
  • Mobile average revenue per user was recorded at 255.20 liras.
  • Analyst recommendations include 14 buys, 4 holds, and 1 sell.

A look at Turk Telekomunikasyon As Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Turk Telekomunikasyon A.S., a leading telecommunications services provider, has received promising Smart Karma Smart Scores indicating a positive long-term outlook. With high scores in Value and Growth, the company is positioned well for future success. The Value score of 4 suggests that Turk Telekomunikasyon As is undervalued relative to its potential, attracting investors seeking opportunities for growth. Alongside, the Growth score of 4 reflects the company’s potential for expansion and development in the telecommunications sector.

Despite lower scores in Dividend, Resilience, and Momentum, Turk Telekomunikasyon As remains a strong player in the market. With a comprehensive range of land and mobile telecommunications solutions, along with Internet services, the company serves both businesses and individuals effectively. Overall, the company’s robust foundation, coupled with its strong Value and Growth scores, positions Turk Telekomunikasyon As as a promising investment option for those looking towards the future of the telecommunications industry.

Summary: Turk Telekomunikasyon A.S. is an integrated telecommunications services provider for businesses and individuals. The Company offers land and mobile telecommunications solutions, as well as Internet services.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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