Streetbeat News

BTGOF

BT Group

https://www.btplc.com/

CEO

Philip Jansen

Industry

Telecommunications Resellers

Open

1.75

Mkt cap

17B

Volume

750

High

1.75

P/E Ratio

17.50

52-wk high

2.01

Low

1.75

Div yield

0.06

52-wk low

1.25

UBS has reaffirmed its 'sell' rating on BT Group PLC, citing weaker-than-expected revenue in its Business division and rising expenses. The fiscal year 2025 forecast has been adjusted to a 1-2% revenue decline.

Portfolio Pulse from

November 11, 2024 | 1:15 pm

BT Group plc held its Q2 2025 earnings call, discussing financial results for the half year ended September 30, 2024. The call featured presentations from CEO Allison Kirkby and CFO Simon Lowth, with participation from various financial analysts.

Portfolio Pulse from

November 08, 2024 | 9:45 pm

BT Group PLC's shares dropped by 7% following disappointing first-half results and a cut to full-year revenue guidance, primarily due to non-UK operations and a competitive retail environment.

Portfolio Pulse from

November 07, 2024 | 2:00 pm

BT Group PLC has expanded its full-fibre rollout through Openreach, now covering 16 million homes in the UK. Despite this growth, BT's revenues have been negatively impacted.

Portfolio Pulse from

November 07, 2024 | 8:00 am

Thursday is a significant day with major announcements expected from companies like BT, Sainsbury's, and Rolls-Royce, alongside interest rate decisions from the Federal Reserve and the Bank of England.

Portfolio Pulse from

November 06, 2024 | 4:00 pm

JPMorgan analyst Patrick Jones predicts a significant copper deficit by 2030, driven by increased demand from electric vehicles and renewable energy. Despite potential substitution with other materials, the deficit is expected to persist. Key mining companies like Teck Resources and Rio Tinto are poised to benefit, while electrification plays like ChargePoint Holdings could also see gains.

Portfolio Pulse from Surbhi Jain

September 12, 2024 | 12:42 pm

Zscaler, Inc. (NASDAQ:ZS) has expanded its partnership with U.K.-based BT Group Plc (OTC:BTGOF) to enhance cloud security offerings through the Zscaler AI-driven Zero Trust Exchange platform. This collaboration will also provide BT Group with security solutions for its operations, aiming to improve business agility, efficiency, resilience, and security for BT's customers. Zscaler's financial outlook includes a Q3 non-GAAP income from operations forecast of $98 million to $100 million and a net income per share of 64 to 65 cents. For fiscal year 2024, the forecast is $395 million to $400 million for non-GAAP income from operations and $2.73 to $2.77 for net income per share. ZS stock has seen over a 73% increase in the past year and is trading higher by 0.50% to $195.05 in the premarket session.

Portfolio Pulse from Nabaparna Bhattacharya

March 26, 2024 | 11:16 am

UK teenagers Arion Kurtaj and an associate were identified as key figures in the cybercriminal group Lapsus$, responsible for hacking major corporations including Nvidia Corp, Rockstar Games Inc, and Uber Technologies Inc. The group's activities have had significant financial implications for these companies. The teens were found guilty of computer misuse, fraud, and blackmail, primarily targeting BT Group Plc and its subsidiary, the EE network, and Nvidia.

Portfolio Pulse from Anusuya Lahiri

August 24, 2023 | 12:58 pm

Several significant business events have occurred. Alphabet Inc's Google has had an investigation into alleged abuse of dominance closed by the Italian Competition Authority. Toyota Motor Corp is strengthening its local development of intelligence and electrification technology in China. J.B. Hunt Transport Services is buying 13 zero-emission trucks from Nikola Corp. BT Group PLC has appointed Allison Kirkby as CEO. Walt Disney Co has appointed former executives Kevin Mayer and Tom Staggs as advisors to CEO Bob Iger. Foxconn is expanding in India with a $195M investment. Novo Nordisk A/S's weight-loss drug Wegovy has hit the German market. Walmart Inc has bought out Tiger Global's stake in Flipkart for $1.4B. Yellow Corporation has ceased operations. Panasonic Holdings Corp and Heineken NV have released their earnings reports.

Portfolio Pulse from Vandana Singh

July 31, 2023 | 2:14 pm

BT Group PLC has announced the appointment of Allison Kirkby as its new CEO, effective no later than January 2024. Kirkby, who has served as the president and CEO of Telia Company AB since early 2020, has been a Non-Executive Director at BT Group since 2019. The current CEO, Philip Jansen, will step down at an 'appropriate moment' over the next 12 months and will support the handover until his retirement in March 2024. BTGOF shares closed higher by 7.05% at $1.67 on Friday.

Portfolio Pulse from Lekha Gupta

July 31, 2023 | 11:24 am

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