Cellcom Israel Ltd. (CEL) Misses Q1 EPS Views

May 16, 2011 6:54 AM EDT
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Price: $3.77 --0%

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Cellcom Israel Ltd. (NYSE: CEL) reported Q1 EPS of $0.89, $1.58 worse than the analyst estimate of $2.47. Revenue for the quarter came in at $456 million, versus $453.9 billion reported last year.

New Subscribers - at the end of March 2011 the Company had approximately 3.395 million subscribers. During the first quarter of 2011 the Company added approximately 1,000 net new subscribers.


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