FRANKFURT--The following is a summary of analysts' forecasts for Deutsche Telekom AG (DTE.XE) first-quarter results, based on a poll of six analysts conducted by Dow Jones Newswires (figures in million euros, EPS, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released May 4.

=== 
                        EBITDA  Net(a)     Free 
1st Quarter   Revenue adjusted  profit Cashflow 
AVERAGE        17,567    5,099     789      934 
Prev. Year     16,842    4,574     787      865 
+/- in %         +4.3      +11    +0.2     +8.0 
 
MEDIAN         17,618    5,096     728      847 
Maximum        17,708    5,145   1,109    1,229 
Minimum        17,343    5,053     591      814 
Amount              6        6       4        4 
 
Bankhaus Lampe 17,641    5,098   1,109       -- 
Commerzbank    17,607    5,127      --      848 
Equinet        17,708    5,145     701    1,229 
Jefferies      17,629    5,053     754      814 
Natixis        17,343    5,080     591       -- 
UBS            17,471    5,093      --      846 
 
            Germany:         USA: 
                     EBITDA           EBITDA 
1st Quarter Revenue    adj.  Revenue    adj. 
AVERAGE      5,555    2,210    7,749   1,888 
Prev. Year   5,589    2,211    6,905   1,225 
+/- in %      -0.6     -0.1      +12     +54 
 
MEDIAN       5,556    2,218    7,733   1,892 
Maximum      5,626    2,237    7,794   1,945 
Minimum      5,483    2,166    7,719   1,825 
Amount           3        4        3       4 
 
Commerzbank  5,556    2,237    7,733   1,884 
Equinet      5,626    2,212    7,719   1,945 
Jefferies    5,483    2,166    7,794   1,899 
Natixis         --    2,223       --   1,825 
 
            Europe:         System Sol.:   GHS (b): 
                    EBITDA         EBITDA         EBITDA 
1st Quarter Revenue   adj.  Revenue  adj.  Revenue  adj. 
AVERAGE       3,042  1,018    2,015   159      546  -160 
Prev. Year    3,106  1,008    2,001   154      565   -22 
+/- in %       -2.1   +0.9     +0.7  +3.1     -3.3    -- 
 
MEDIAN        3,065  1,014    2,002   157      537  -160 
Maximum       3,125  1,045    2,101   184      593  -130 
Minimum       2,936    997    1,942   138      509  -188 
Amount            3      4        3     4        3     4 
 
Commerzbank   3,065  1,017    2,002   138      509  -130 
Equinet       2,936  1,011    2,101   184      593  -188 
Jefferies     3,125    997    1,942   154      537  -150 
Natixis          --  1,045       --   159       --  -170 
 
        Target price  Rating             DPS 2016 
AVERAGE        15.03  positive 1  AVERAGE    0.59 
Prev. Quarter  17.77  neutral  4  Prev. Year 0.55 
+/- in %         -15  negative 1  +/- in %   +7.3 
 
MEDIAN         15.25              MEDIAN     0.59 
Maximum        18.20              Maximum    0.61 
Minimum        10.75              Minimum    0.57 
Amount             6              Amount        4 
 
Bankhaus Lampe 15.00  Hold                   0.58 
Commerzbank    16.00  Hold                   0.60 
Equinet        15.50  Neutral                0.57 
Jefferies      14.70  Hold                     -- 
Natixis        10.75  Reduce                   -- 
UBS            18.20  Buy                    0.61 
=== 

Year-earlier figures are as reported by the company.

(a) Attributable to shareholders.

(b) Group Headquarters and Shared Services.

DJG/mus 

(END) Dow Jones Newswires

May 03, 2016 08:48 ET (12:48 GMT)

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