VEON (NASDAQ:VEON) Posts Earnings Results, Misses Expectations By $2.91 EPS

VEON (NASDAQ:VEON) posted its quarterly earnings results on Friday. The Wireless communications provider reported ($1.12) EPS for the quarter, missing the consensus estimate of $1.79 by ($2.91), FiscalAI reports. VEON had a return on equity of 58.72% and a net margin of 15.26%.The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.12 billion.

Here are the key takeaways from VEON’s conference call:

• VEON delivered strong 2025 results with $4.4bn revenue (+9.9% YoY) and $2.01bn EBITDA (+18.8%) with margins expanding to 45.7%, signalling significant operational leverage.
• Digital services accelerated sharply—$759m of digital revenue (+62%+) representing 17% of group revenue, with $207m digital EBITDA at a 27.3% margin and >200m three‑month active digital users.
• Management executed an asset‑light strategy and strengthened the balance sheet via tower sales and deconsolidations, ending 2025 with $1.73bn cash and net debt (ex‑leases) of $1.75bn (leverage 1.09x).
• Capital allocation priorities emphasize annual share repurchases of at least $100m (shares to be cancelled) and disciplined M&A, while management says it will address 2027 bond maturities ahead of November — supportive but subject to refinancing/timing uncertainty.
• 2026 outlook shows potential margin pressure—guidance of revenue growth 9–12% vs EBITDA 7–10% and management flags inflationary headwinds (oil/pricing) plus geopolitical uncertainty (Ukraine) that could weigh on near‑term profitability.

VEON Stock Up 12.1%

Shares of VEON stock traded up $5.36 on Friday, hitting $49.67. The company’s stock had a trading volume of 559,081 shares, compared to its average volume of 94,738. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 5.64 and a beta of 1.59. VEON has a fifty-two week low of $34.55 and a fifty-two week high of $64.00. The firm’s fifty day moving average price is $53.71 and its 200-day moving average price is $52.56. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.95 and a quick ratio of 0.94.

Institutional Trading of VEON

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of VEON by 1.0% during the 2nd quarter. Bank of America Corp DE now owns 53,571 shares of the Wireless communications provider’s stock valued at $2,468,000 after acquiring an additional 538 shares during the last quarter. J. Goldman & Co LP acquired a new stake in VEON in the 4th quarter worth approximately $2,103,000. Jump Financial LLC boosted its position in VEON by 674.1% during the third quarter. Jump Financial LLC now owns 37,700 shares of the Wireless communications provider’s stock worth $2,052,000 after purchasing an additional 32,830 shares during the period. Schonfeld Strategic Advisors LLC acquired a new position in VEON during the fourth quarter valued at approximately $1,608,000. Finally, Caxton Associates LLP grew its holdings in VEON by 174.0% during the third quarter. Caxton Associates LLP now owns 16,856 shares of the Wireless communications provider’s stock valued at $917,000 after purchasing an additional 10,704 shares during the last quarter. Institutional investors and hedge funds own 21.30% of the company’s stock.

Trending Headlines about VEON

Here are the key news stories impacting VEON this week:

• Positive Sentiment: Record digital momentum — VEON said 4Q25 digital revenues grew ~84% and now represent ~20.1% of total revenues; management credited digital services for driving 17% revenue and 29% EBITDA growth in the quarter. VEON Delivers Record Digital Growth
• Positive Sentiment: Stronger core profitability — VEON reported full-year core profit up ~19%, reflecting higher demand for digital services and operational leverage. That supports margins and cash generation outlook. Veon’s core profit rises on digital services
• Positive Sentiment: Starlink partnership expansion — Management signaled plans to expand its Starlink deployment to Bangladesh, which could improve rural connectivity product offerings and open new revenue streams. Veon’s core profit rises on digital services
• Positive Sentiment: FY26 revenue guidance nudges above consensus — VEON issued FY2026 revenue guidance around $4.8–$4.9 billion, above the prior consensus ~ $4.7B, implying management expects continued top-line momentum. (EPS guide in the release was not provided/left blank.)
• Neutral Sentiment: Local-market strength — Kyivstar (Ukraine) outperformed expectations in Q4, credited to the digital push; positive for regional operations but subject to geopolitical and macro variability. VEON’s Kyivstar beats estimates
• Negative Sentiment: Large GAAP EPS miss — VEON reported EPS of ($1.12) for the quarter versus consensus ~$1.79, a material miss that reflects non‑cash/one‑off items or accounting impacts; that raises short-term concerns over reported profitability despite core improvements. VEON earnings report and call

VEON declared that its board has authorized a share repurchase plan on Monday, November 17th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the Wireless communications provider to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Benchmark reiterated a “buy” rating on shares of VEON in a research report on Friday. Wall Street Zen raised shares of VEON from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Zacks Research upgraded VEON from a “strong sell” rating to a “hold” rating in a report on Thursday, January 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of VEON in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $60.00.

About VEON

VEON Ltd (NASDAQ: VEON) is a global telecommunications and digital services provider headquartered in Amsterdam, the Netherlands. Originally founded as VimpelCom in Russia in 1992, the company rebranded to VEON in 2017 to reflect its transformation into a technology-driven operator. VEON operates as a holding company with direct investments in mobile and internet service providers across multiple emerging markets, delivering voice, data and digital services to individual and enterprise customers.

Through its operating subsidiaries, VEON offers a broad portfolio that includes 2G/3G/4G mobile access, fixed broadband, digital lifestyle applications and mobile financial services.