Cellcom Israel (NYSE:CEL) Issues Earnings Results, Misses Expectations By $0.09 EPS

Cellcom Israel (NYSE:CEL) announced its quarterly earnings data on Thursday. The technology company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.09), MarketWatch Earnings reports. The firm had revenue of $250.00 million during the quarter. Cellcom Israel had a negative net margin of 3.72% and a negative return on equity of 7.95%.

NYSE:CEL opened at $3.22 on Friday. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.51 and a quick ratio of 1.48. Cellcom Israel has a one year low of $1.80 and a one year high of $4.40. The firm has a 50-day moving average of $3.42 and a 200-day moving average of $3.14.

Separately, ValuEngine lowered shares of Cellcom Israel from a “hold” rating to a “sell” rating in a research note on Thursday, March 26th.

About Cellcom Israel

Cellcom Israel Ltd. provides cellular and landline telecommunications services in Israel. It operates through two segments, Cellular and Fixed-line. The company offers basic cellular telephony services, such as voice mail, cellular fax, call waiting, call forwarding, caller identification, conference calling, and inbound and outbound roaming services; and data transfer, and upload and download services.

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Earnings History for Cellcom Israel (NYSE:CEL)

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