Litchfield Hills Research Comments on iQSTEL Q3 Earnings

iQSTEL Inc. (NASDAQ:IQST) – Research analysts at Litchfield Hills Research issued their Q3 2027 earnings per share estimates for iQSTEL in a note issued to investors on Tuesday, June 9th. Litchfield Hills Research analyst B. Sine expects that the company will earn ($0.01) per share for the quarter. The consensus estimate for iQSTEL’s current full-year earnings is ($0.38) per share.

iQSTEL (NASDAQ:IQST) last released its quarterly earnings data on Wednesday, May 20th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.17). iQSTEL had a negative return on equity of 45.89% and a negative net margin of 2.62%.The business had revenue of $97.92 million during the quarter.

A number of other research analysts have also recently weighed in on IQST. Wall Street Zen upgraded iQSTEL to a “hold” rating in a research report on Saturday, May 30th. Weiss Ratings restated a “sell (e+)” rating on shares of iQSTEL in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $18.00.

iQSTEL Stock Up 9.9%

Shares of IQST stock opened at $1.11 on Wednesday. iQSTEL has a fifty-two week low of $0.93 and a fifty-two week high of $11.80. The stock has a market cap of $7.48 million and a P/E ratio of -0.41. The business has a fifty day simple moving average of $1.43 and a 200-day simple moving average of $2.30.

Institutional Trading of iQSTEL

Large investors have recently made changes to their positions in the stock. Geode Capital Management LLC acquired a new stake in shares of iQSTEL during the second quarter valued at $288,000. Cetera Investment Advisers acquired a new stake in shares of iQSTEL during the second quarter valued at $148,000. Finally, DRW Securities LLC boosted its stake in shares of iQSTEL by 74.2% during the fourth quarter. DRW Securities LLC now owns 32,001 shares of the company’s stock valued at $93,000 after acquiring an additional 13,628 shares during the last quarter.

iQSTEL Company Profile

iQSTEL, Inc (NASDAQ: IQST) is a U.S.-based telecommunications company that operates a global connectivity platform for voice, data and messaging services. The company leverages cloud-native infrastructure to deliver international roaming solutions, prepaid mobile top-up services and eSIM provisioning. Its technology enables seamless wireless communications for both individual subscribers and business clients across a broad network of partner carriers.

The company’s core offerings include instant airtime reloads, cross-border mobile voice and data plans, machine-to-machine (M2M) connectivity and Internet of Things (IoT) solutions.