Orange is set to release its third-quarter results on Tuesday. Here are the key details:
According to a consensus provided by the company, Orange is expected to report revenue of 11.00 billion euros ($11.65 billion) for the third quarter. This is compared to revenue of EUR10.82 billion reported in the same period last year.
Orange's quarterly earnings before interest, taxes, depreciation, and amortization after leases is forecasted to be EUR3.59 billion, according to the company's consensus. In the third quarter of the previous year, the company reported EBITDA after leases of EUR3.56 billion.
Key Points to Watch
Citi analysts Georgios Ierodiaconou and Mollie Witcombe stated in a research note that Orange's price increases in France have been well-received. However, they believe that this may not fully offset the earnings drag caused by the loss of high-margin wholesale revenue. The company's quarterly revenue in France is expected to decline from EUR4.47 billion in the year-earlier period to EUR4.43 billion, as per the company's consensus expectations.
Retain result in markdown format