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Stock impact report

Telefonica Q3 Earnings Surpass Estimates, Revenues Decline Y/Y [Yahoo! Finance]

Telefonica SA (TEF) 
Last telefonica sa earnings: 2/23 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Furthermore, basic earnings per share (EPS) were €0.1 (12 cents) compared with €0.09 in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate by 50%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Quarterly revenues fell 2.9% year over year to €10,023 million ($11,061 million). However, the top line beat the Zacks Consensus Estimate by 0.1%. Currency volatility notably impacted TEF's revenues, with a €429 million reduction due to foreign exchange rate movements. Telefonica Espana: Quarterly revenues in Spain increased 1% year over year on a reported basis to €3,182 million, driven by momentum in mobile handset sales and retail sales. The quarterly adjusted EBITDA grew 1% to €1,155 million due to an increase in customer satisfaction. The company achieved the highest customer additions in six years and a Net Promoter Score of 34 points. With churn rates at a historic low of 0.8%, the segment is poised for continued growth, as custo Show less Read more
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