TKC Stock Recent News

Turkcell Iletisim Hizmetleri A.S. is a wireless communications provider from Turkey that has been impacted by runaway inflation and a weakening Turkish Lira. Despite inflation, Turkcell has continued to grow and outpace the competition, with revenue beating earnings estimates and outpacing inflation in Q1 2023.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC ) Q1 2023 Earnings Conference Call May 9, 2023 1:00 PM ET Company Participants Ali Serdar Yağcı - Investor Relations & Corporate Finance Director Murat Erkan - Chief Executive Officer Kamil Kalyon - Acting Chief Financial Officer Conference Call Participants Kennedy-Good Jonathan - JPMorgan Mandaci Ece - Unlu Securities Demirtas Cermal - Ata Invest Operator Ladies and gentlemen, thank you for standing by.

Turkcell Iletisim Hizmetleri AS (TKC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Turkcell is one of the largest telecommunications provider in Turkey with a commanding position in mobile. The company saw 57% YoY growth in revenues in Q3/22.

Turkcell reported strong 3Q 2022 financial results and I expect its 4Q 2022 results to be strong too. The company's liquidity and leverage ratios indicate its healthy conditions to handle potential risks in the future.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Turkcell Iletisim Hizmetleri AS (TKC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Turkcell management has continued to deliver strong performances in challenging times, with ongoing subscriber growth and not as much EBITDA margin erosion as feared. Significant capex spending on the mobile network is still in the future, and the company continues to invest in the growth of the fiber broadband business today.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC ) Q3 2022 Earnings Conference Call November 3, 2022 12:30 PM ET Company Participants Ali Serdar Yağcı - Investor Relations & Corporate Finance Director Murat Erkan - Chief Executive Officer Osman Yilmaz - Chief Financial Officer Conference Call Participants Kennedy-Good Jonathan - JPMorgan Nagy Nora - Erste Group Demirak Kayahan - AK Investment Operator Ladies and gentlemen, thank you for standing by.

TKC has all the hallmarks of a well-run company: credible market leader, solid balance sheet, and multiple growth opportunities. Currently, TKC is trading near 5-year low valuations, with 41% upside from mean valuation reversion.