Turkcell jumps after Q3 profit beat expectations

By Reuters News

** Shares in Turkcell TCELL.IS rise nearly 7% after the telecoms operator reported third-quarter results above market expectations

** Turkcell posted Q3 net profit of 6.7 billion lira from 7.0 billion lira a year earlier, while revenue increases to 77.6 billion lira from 73.4 billion lira

** Brokerage Is Yatirim says Q3 net profit beat consensus by 23%, while EBITDA came in 7.9% above expectations

** Brokerage says the earnings beat was driven mainly by stronger-than-expected operating performance, unlike the previous quarter

** Monetary gains of 3.74 billion lira, lower tax expenses and a narrower equity-accounted loss from TOGG also supported the bottom-line, Is Yatirim says

** Stock is among top gainers on the BIST 100 index .XU100; it will see its best day since June 2025 if gains hold

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