Telefónica (TEF) Scheduled to Post Quarterly Earnings on Thursday

Telefónica (NYSE:TEF) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Telefónica (NYSE:TEF) last announced its quarterly earnings results on Thursday, February 22nd. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. Telefónica had a negative net margin of 2.16% and a positive return on equity of 7.38%. The company had revenue of $10.93 billion during the quarter, compared to analyst estimates of $12.09 billion. During the same quarter in the previous year, the business earned $0.12 EPS. On average, analysts expect Telefónica to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Telefónica Price Performance

Shares of TEF stock opened at $4.56 on Wednesday. Telefónica has a 12-month low of $3.71 and a 12-month high of $4.59. The firm has a market capitalization of $26.34 billion, a price-to-earnings ratio of -21.71, a price-to-earnings-growth ratio of 3.14 and a beta of 0.69. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 1.23. The firm has a fifty day moving average of $4.31 and a 200-day moving average of $4.12.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Telefónica from a “buy” rating to a “hold” rating in a report on Monday, March 11th.

Telefónica Company Profile

Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.