Pre-earnings brief
Reports
Mon, May 11, 2026
Est. EPS
$0.56
Est. revenue
$1.8B
Implied move
±9.1%
EPS beat rate
0%
Telecom Argentina S.A. is a major player in the communication services sector, providing integrated telecommunications services across Argentina. As a key provider of mobile and fixed-line services, the company plays an important role in connecting consumers and businesses, making it a significant part of the country's digital infrastructure.
Last quarter
In the last quarter, Telecom Argentina reported mixed results, with revenue slightly below expectations but maintaining a steady subscriber base. The company emphasized its commitment to expanding its digital services.
Management promises and guidance
EPS beat streak
0Q
EPS beat rate
0%
Avg EPS surprise
-50.00%
Avg 1-day reaction
+1.11%
Analysts expect Telecom Argentina to report earnings that align closely with consensus estimates, reflecting cautious optimism about revenue growth. The market is closely watching how the company manages costs amid economic challenges.
Bull case
If Telecom Argentina exceeds EPS and revenue estimates, it could signal strong operational efficiency and increased market share, leading to a positive stock reaction.
Bear case
Conversely, if the company misses estimates or provides weak guidance, it may raise concerns about its competitive position and financial health, potentially leading to a stock decline.
Key metrics to watch
EPS
0.56Earnings per share is a crucial measure of profitability and will indicate how well the company is managing its costs and generating income.
Revenue
1.8BTotal revenue gives insight into the company's sales performance and market demand for its services.
The print will turn on these.
Q1
Will EPS exceed the consensus estimate of $0.56?
A beat on EPS would indicate strong profitability and could boost investor confidence in the company's performance.
Q2
What is the outlook for revenue growth compared to the consensus of $1.8B?
Revenue growth is critical for assessing the company's market position and ability to compete effectively in the telecommunications sector.
—
Est. EPS
$-1.22
Est. Rev
$3.6B
Impl. Move
±1.8%
Why consensus could be wrong
The consensus may underestimate Telecom Argentina's ability to leverage its digital services, which could drive higher-than-expected revenue growth this quarter.
Supporting evidence
The company's recent focus on expanding digital offerings may not be fully reflected in analyst estimates.
Historical trends show that Telecom Argentina has often outperformed expectations in challenging economic environments.
Key risk
If the company reports revenue significantly above $1.8B, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
This quarter's performance is pivotal as it will reflect the company's ability to navigate economic challenges and maintain growth.
Bull confirmed if
Earnings per share exceeding $0.56 and revenue surpassing $1.8B would confirm a bullish outlook.
Bear confirmed if
Earnings per share falling below $0.46 or revenue under $1.6B would support a bearish view.
What the market is pricing for the move.
Implied Move
±9.1%
Historical Avg
±5.7%
The options market is pricing in a significant potential movement in the stock, indicating heightened investor interest and uncertainty ahead of the earnings report.
Options are pricing ±9.1% while TEO has averaged ±5.7% over the last 4 prints — setup is pricing rich.
30d HV
36.1%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Communication Services
Fade rate: 11 of 30 (37%)
This setup has occurred 30 times across Communication Services in the last 2 years. 19 of 30 (63%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.7%, with a raw directional average of -1.5% (modestly negative historical bias).
Smart-money positioning from the most recent 13F filings.
Institutional
8.78%
of float
Insider
0.07%
of float
Holders
74
institutions
Top Holders· as of Dec 2025
Oaktree Capital Management LP
2,347,508 sh · $26.6M
1.87%
-10.7%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Telecom Argentina beats expectations, history suggests a potential stock increase of around 6.84%, confirming a positive trend.
In line / cautious
If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance.
Miss
A miss on earnings or revenue could lead to a decline, with historical data suggesting an average drop of 6.84%.
The lines on the call that would change the story.
Mirae Asset Global ETFs Holdings Ltd.
1,796,458 sh · $20.4M
1.43%
-3.6%
RWC Asset Management LLP
1,009,244 sh · $11.4M
0.80%
50.7%
Sagil Capital LLP
657,097 sh · $7.4M
0.52%
100.0%
Morgan Stanley
576,229 sh · $6.5M
0.46%
257.3%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.