Turkcell Iletisim Hizmetleri AS (NYSE:TKC) Posts Earnings Results

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) issued its quarterly earnings results on Thursday. The Wireless communications provider reported $0.13 earnings per share for the quarter, Zacks reports. Turkcell Iletisim Hizmetleri AS had a return on equity of 6.79% and a net margin of 7.27%.

Here are the key takeaways from Turkcell Iletisim Hizmetleri AS’s conference call:

• Operational momentum remained strong: Turkcell surpassed 40 million mobile subscribers, added 284,000 postpaid customers, improved monthly churn to 1.6%, and grew its fiber base by 31,000 subscribers.
• Growth businesses continued to scale, with Digital Business Services revenue up 33% to TRY 8.7 billion, Paycell revenue up 22%, and Superbox adding 64,000 subscribers; the system-integration backlog also increased to TRY 16 billion.
• Management maintained its full-year financial guidance despite raising its expected year-end inflation assumption to approximately 28% from 23%, citing disciplined pricing and expected benefits from recent price increases in the second half.
• Higher 5G-related depreciation, remaining 5G license installments, and currency exposure pressured earnings and finances; net debt reached TRY 44 billion, while the final two license payments of roughly $400 million each are due in December 2026 and May 2027.
• Management expects the data-center and cloud business to become a major long-term growth platform, targeting 10%–15% of group revenue by 2030–31, although it currently represents only 2.3% of revenue and requires substantial investment.

Turkcell Iletisim Hizmetleri AS Price Performance

Shares of NYSE TKC traded down $0.01 during midday trading on Thursday, reaching $5.44. The company’s stock had a trading volume of 860,687 shares, compared to its average volume of 1,572,012. Turkcell Iletisim Hizmetleri AS has a one year low of $5.29 and a one year high of $7.18. The company has a market cap of $4.79 billion, a price-to-earnings ratio of 11.32 and a beta of 0.97. The company has a 50 day moving average price of $5.77 and a 200 day moving average price of $6.15. The company has a current ratio of 1.69, a quick ratio of 1.68 and a debt-to-equity ratio of 0.58.

Institutional Investors Weigh In On Turkcell Iletisim Hizmetleri AS

A number of institutional investors have recently added to or reduced their stakes in TKC. Inspire Investing LLC grew its holdings in Turkcell Iletisim Hizmetleri AS by 16.8% during the 4th quarter. Inspire Investing LLC now owns 13,230 shares of the Wireless communications provider’s stock worth $72,000 after acquiring an additional 1,906 shares during the last quarter. Stifel Financial Corp raised its stake in shares of Turkcell Iletisim Hizmetleri AS by 1.2% in the fourth quarter. Stifel Financial Corp now owns 225,091 shares of the Wireless communications provider’s stock worth $1,231,000 after acquiring an additional 2,679 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Turkcell Iletisim Hizmetleri AS by 10.5% during the fourth quarter. First Trust Advisors LP now owns 32,134 shares of the Wireless communications provider’s stock worth $176,000 after purchasing an additional 3,065 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Turkcell Iletisim Hizmetleri AS by 48.0% during the fourth quarter. Royal Bank of Canada now owns 10,834 shares of the Wireless communications provider’s stock worth $60,000 after purchasing an additional 3,512 shares in the last quarter. Finally, Vident Advisory LLC grew its stake in shares of Turkcell Iletisim Hizmetleri AS by 1.6% during the fourth quarter. Vident Advisory LLC now owns 243,812 shares of the Wireless communications provider’s stock valued at $1,334,000 after purchasing an additional 3,936 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Turkcell Iletisim Hizmetleri AS in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Turkcell Iletisim Hizmetleri AS

Turkcell Iletisim Hizmetleri AS, traded on the NYSE under the symbol TKC, is a leading integrated telecommunications and technology company headquartered in Istanbul, Turkey. Since its founding in 1994 as the country’s first GSM operator, Turkcell has expanded its footprint to offer a comprehensive suite of mobile voice, messaging and data services to millions of subscribers. The company has made significant investments in nationwide 4.5G and 5G network infrastructure to deliver high-speed connectivity across both urban centers and rural regions.

In addition to its core mobile offerings, Turkcell provides fixed broadband and fiber-optic services tailored to consumer and enterprise customers.