- (PLX AI) - Tele2 shares are expected to fall as much as 3% at the open after fourth-quarter adjusted EBITDA missed consensus estimates.
- • Q4 adj. EBITDA was nearly3% below consensus
- • This should lead to slightly negative reaction during early trading, Kepler Cheuvreux analysts said
- • The miss on adj. EBITDA was due to higher-than-expected marketing spend in the quarter
- • Guidance for the new year is for low-single digit end-user service revenue growth and mid-single digit underlying EBITDAaL growth compared to 2021, while consensus expects 1.7% growth and 5.9% growth, respectively
- • Tele2 management is holding a conference call at 10:00 CET
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