Deutsche Telekom AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
The company's financial report has exceeded expectations, with revenue of €118b and statutory earnings per share (EPS) of €2.27, 27% above forecasts. The analysts have been updating their predictions in response to the results, with current estimates for next year showing revenues of €120.6b and statutory earnings per share of €1.95. Despite the slight decrease in expected earnings, Deutsche Telekom's shares remain bullish due to its solid performance.
- The fact that the analysts' expectations have been updated but not significantly altered suggests a lack of concerns about the company's long-term prospects.
- How will Deutsche Telekom's revenue growth compare to its historical average and the industry benchmark in the next few years, given the expected slowdown in growth?