Entravision Communications (EVC) Scheduled to Post Quarterly Earnings on Thursday

Entravision Communications (NYSE:EVC) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. 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.

Entravision Communications (NYSE:EVC) last issued its quarterly earnings results on Tuesday, March 5th. The company reported ($0.21) earnings per share for the quarter. The company had revenue of $320.06 million during the quarter, compared to analyst estimates of $309.70 million. Entravision Communications had a negative return on equity of 5.79% and a negative net margin of 1.39%. On average, analysts expect Entravision Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Entravision Communications Price Performance

Shares of NYSE:EVC traded down $0.01 during trading on Friday, reaching $2.09. The company had a trading volume of 55,126 shares, compared to its average volume of 900,336. The firm’s fifty day moving average is $2.31 and its 200 day moving average is $3.42. The firm has a market capitalization of $187.10 million, a PE ratio of -11.67 and a beta of 1.05. Entravision Communications has a twelve month low of $1.33 and a twelve month high of $6.49. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.42 and a current ratio of 1.42.

Entravision Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 9.57%. The ex-dividend date of this dividend was Thursday, March 14th. Entravision Communications’s payout ratio is presently -111.11%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. StockNews.com raised shares of Entravision Communications from a “sell” rating to a “hold” rating in a report on Monday, March 18th. TheStreet lowered shares of Entravision Communications from a “c” rating to a “d+” rating in a report on Wednesday, March 6th.

Insider Activity

In other Entravision Communications news, CEO Michael J. Christenson bought 100,000 shares of Entravision Communications stock in a transaction dated Thursday, March 7th. The shares were bought at an average price of $1.67 per share, with a total value of $167,000.00. Following the purchase, the chief executive officer now owns 1,402,170 shares of the company’s stock, valued at $2,341,623.90. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 7.99% of the company’s stock.

About Entravision Communications

Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.