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

Entravision Communications

04/05/2023 22:43

* Entravision Communications Corp  EVC.N  reported quarterly
adjusted earnings of 2 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 3 cents per share.
    * Revenue rose 21.2% to $239.01 million from a year ago;
analysts
expected $226.88 million. 
    * Entravision Communications Corp's reported EPS for the
quarter
was 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 62.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Entravision Communications Corp shares had risen by 2.3%
this
quarter and gained 29.0% so far this year.
    * The company reported quarterly net income of $2.04
million.
    * Wall Street's median 12-month price target for Entravision
Communications Corp is $13.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
4 at 09:43 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.03           0.02           Missed
 Dec. 31 2022      0.20           -0.02          Missed
 Sep. 30 2022      0.14           0.11           Missed
 Jun. 30 2022      0.10           0.10           Met