Deutsche Telekom, the German telecommunications company, is set to release its second quarter results on Thursday. Here are the key details you need to know:
Revenue Forecast
According to consensus estimates provided by the company, Deutsche Telekom is expected to report second quarter revenue of 27.33 billion euros ($29.95 billion). In the same period last year, the company reported net revenue of EUR28.17 billion.
Adjusted EBITDA After Leases Forecast
The industry closely watches Deutsche Telekom’s quarterly adjusted earnings before interest, taxes, depreciation, and amortization after leases. For the upcoming second quarter, it is forecasted to be EUR10.02 billion, as per the consensus. In the same period last year, the company reported an adjusted EBITDA after leases of EUR9.89 billion.
What to Watch
Investors will be looking for information regarding Deutsche Telekom’s participation in T-Mobile US’s share-repurchase program. This move would also shed light on the chances of Deutsche Telekom launching its own buyback in the future.
Deutsche Telekom’s relationship with Huawei Technologies, the Chinese telecommunications-equipment vendor, is another area of interest. If the EU orders operators like Deutsche Telekom to replace Huawei gear from their radio-access networks, the company may have to allocate around 2% of its annual cash flow over the next three to four years.