StockNews.AI
TEO
StockNews.AI
173 days

Telecom Argentina S.A. Announces Consolidated Annual Results ("FY24") and Fourth Quarter of Fiscal Year 2024 ("4Q24")

1. TEO's market cap is currently $4.91 billion post-inflation adjustment. 2. Financial statements reflect inflation adjustments per CNV Resolution 777/18.

+3.42%Current Return
VS
+1.56%S&P 500
$11.102/27 06:00 PM EDTEvent Start

$11.4803/01 12:12 AM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Neutral?

TEO's market cap is stable, but inflation adjustments are common in Argentina, not surprising the market.

How important is it?

Inflation adjustments are critical for understanding TEO's financial health amidst economic challenges in Argentina.

Why Short Term?

The inflation adjustments could lead to fluctuations in quarterly results, impacting investor sentiment temporarily.

Related Companies

Market Cap (NYSE: TEO): US$4,910.4 million* Note: For the figures included in the FFSS, Telecom Argentina S.A. ("Telecom Argentina", "Telecom" or the "Company") has accounted for the effects of inflation adjustment adopted by Resolution 777/18 of the Comisión Nacional de Valores ("CNV"), which establishes that the restatement will be applied to annual financial statements, interim and special periods ending as of December 31, 2018, inclusive.

Related News