Equity Profile

TEO

Telecom Argentina S.A.

Communication ServicesIntegrated Telecommunication Services$5.7B

May11Mon

Pre-Earnings Brief

UpcomingQ1-2026After Close5:00 PM EDT

Company Snapshot

Telecom Argentina S.A. provides integrated telecommunication services in Argentina, including mobile and fixed-line communications, internet, and television....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating income.

$0.56

Revenue

Revenue growth is crucial for understanding the company's market position and ability to attract customers in a competitive landscape.

$1.8B

Wall Street expectations, options signals, track record, and call prep available with Pro.

TEO Q1-2026 Earnings Preview

Context

Company Snapshot

Telecom Argentina S.A. provides integrated telecommunication services in Argentina, including mobile and fixed-line communications, internet, and television. As a major player in the communication services sector, its performance is closely tied to consumer spending and technological advancements in the region.

Earnings Scorecard·Last 4Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

-50.00%

Avg Stock Reaction

+1.11%

Last Quarter Recap

In the last quarter, Telecom Argentina reported mixed results, with challenges in maintaining subscriber growth amidst competitive pressures. Management emphasized their focus on improving customer service and expanding digital offerings.

Management Promises & Guidance

Commitment to enhancing network infrastructure.
Plans to launch new digital services.
Focus on customer retention strategies.

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about Telecom Argentina's upcoming earnings, expecting steady revenue and EPS figures. However, there are concerns about competitive pressures and economic conditions in Argentina.

Bull Case

If the company reports better-than-expected EPS and revenue, it could indicate strong operational efficiency and market demand, boosting investor confidence.

Bear Case

Conversely, if results fall short of expectations, it may highlight ongoing challenges in subscriber growth and profitability, leading to a negative market reaction.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.56

EPS is a key indicator of profitability and will show how well the company is managing costs and generating income.

Revenue

$1.8B

Revenue growth is crucial for understanding the company's market position and ability to attract customers in a competitive landscape.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be relative to the consensus estimate of $0.56?

This figure will be critical in assessing the company's profitability and operational efficiency, influencing investor sentiment.

How does management plan to address subscriber growth in the current competitive landscape?

Understanding their strategy will provide insights into future revenue potential and market positioning.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of Telecom Argentina's new digital services, which could drive higher revenue growth than anticipated.

Supporting Evidence

Recent investments in digital infrastructure may yield better-than-expected subscriber retention.

Options pricing suggests a larger move than historical averages, indicating potential for surprise.

Management's focus on customer service improvements could enhance brand loyalty.

Key Risk

If subscriber growth shows unexpected resilience, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Telecom Argentina can sustain its growth amidst economic challenges and competition.

Bull Confirmed If

An EPS of $0.60 or higher would confirm strong operational performance and market demand.

Bear Confirmed If

An EPS below $0.50 would raise concerns about profitability and competitive pressures.

Pre-Earnings Positioning

Options Market

Implied Move

±9.1%

Historical Avg

±5.7%

Pricing rich

The options market is pricing in a significant potential move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±9.1% while TEO has averaged ±5.7% over the last 4 prints — setup is pricing rich.

Detail

30d HV

36.1%

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Mixed flows

Institutional

8.78%

of float

Insider

0.07%

of float

Holders

institutions

Top Holders· as of Dec 2025

Oaktree Capital Management LP
2,347,508 sh · $26.6M
1.87%
-10.7%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Telecom Argentina beats expectations, history suggests the stock could rise around 6.84%, confirming a positive outlook.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may see a muted reaction as investors reassess growth prospects.

Miss

Should the company miss expectations, history indicates a potential decline of around 6.84%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on subscriber growth and retention strategies.
2Details on new digital service launches and their expected impact.
3Management's outlook on competitive pressures in the market.
4Any commentary on cost management and operational efficiencies.
5Insights into customer satisfaction and service improvements.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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More Earnings This Week

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Company Snapshot

Telecom Argentina S.A. provides integrated telecommunication services in Argentina, including mobile and fixed-line communications, internet, and television....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating income.

$0.56

Revenue

Revenue growth is crucial for understanding the company's market position and ability to attract customers in a competitive landscape.

$1.8B

Wall Street expectations, options signals, track record, and call prep available with Pro.

TEO Q1-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 4Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

-50.00%

Avg Stock Reaction

+1.11%

Last Quarter Recap

Management Promises & Guidance

Commitment to enhancing network infrastructure.
Plans to launch new digital services.
Focus on customer retention strategies.

Expectations

Wall Street Expectations

Bull Case

If the company reports better-than-expected EPS and revenue, it could indicate strong operational efficiency and market demand, boosting investor confidence.

Bear Case

Conversely, if results fall short of expectations, it may highlight ongoing challenges in subscriber growth and profitability, leading to a negative market reaction.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.56

EPS is a key indicator of profitability and will show how well the company is managing costs and generating income.

Revenue

$1.8B

Revenue growth is crucial for understanding the company's market position and ability to attract customers in a competitive landscape.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be relative to the consensus estimate of $0.56?

This figure will be critical in assessing the company's profitability and operational efficiency, influencing investor sentiment.

How does management plan to address subscriber growth in the current competitive landscape?

Understanding their strategy will provide insights into future revenue potential and market positioning.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of Telecom Argentina's new digital services, which could drive higher revenue growth than anticipated.

Supporting Evidence

Recent investments in digital infrastructure may yield better-than-expected subscriber retention.

Options pricing suggests a larger move than historical averages, indicating potential for surprise.

Management's focus on customer service improvements could enhance brand loyalty.

Key Risk

If subscriber growth shows unexpected resilience, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Telecom Argentina can sustain its growth amidst economic challenges and competition.

Bull Confirmed If

An EPS of $0.60 or higher would confirm strong operational performance and market demand.

Bear Confirmed If

An EPS below $0.50 would raise concerns about profitability and competitive pressures.

Pre-Earnings Positioning

Options Market

Implied Move

±9.1%

Historical Avg

±5.7%

Pricing rich

The options market is pricing in a significant potential move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±9.1% while TEO has averaged ±5.7% over the last 4 prints — setup is pricing rich.

Detail

30d HV

36.1%

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Mixed flows

Institutional

8.78%

of float

Insider

0.07%

of float

Holders

institutions

Top Holders· as of Dec 2025

Oaktree Capital Management LP
2,347,508 sh · $26.6M
1.87%
-10.7%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Telecom Argentina beats expectations, history suggests the stock could rise around 6.84%, confirming a positive outlook.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may see a muted reaction as investors reassess growth prospects.

Miss

Should the company miss expectations, history indicates a potential decline of around 6.84%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on subscriber growth and retention strategies.
2Details on new digital service launches and their expected impact.
3Management's outlook on competitive pressures in the market.
4Any commentary on cost management and operational efficiencies.
5Insights into customer satisfaction and service improvements.