Entravision Communications Corp reports results for the quarter ended in December - Earnings Summary

Entravision Communications

06/03/2024 02:16

* Entravision Communications Corp  EVC.N  reported a
quarterly
adjusted loss of 21 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of -2 cents.  The mean expectation of
two analysts for the quarter was for earnings of 7 cents per
share. Wall Street expected results to range from zero cents
to 14 cents per share.
    * Revenue rose 8% to $320.06 million from a year ago;
analysts
expected $308.48 million. 
    * Entravision Communications Corp's reported EPS for the
quarter
was a loss of 21 cents​.
    * The company reported a quarterly loss of $18.21 million.
    * Entravision Communications Corp shares had fallen by 12.2%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the broadcasting
peer
group is also "buy"

Wall Street's median 12-month price target for Entravision
Communications Corp is $8.50 
This summary was machine generated from LSEG data March 6 at
02:16 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.07           -0.21          Missed
 Sep. 30 2023      0.04           0.04           Met
 Jun. 30 2023      0.07           -0.02          Missed
 Mar. 31 2023      0.03           0.02           Missed