Telefônica Brasil (VIV) Set to Announce Earnings on Tuesday

Telefônica Brasil (NYSE:VIV) will be releasing its earnings data after the market closes on Tuesday, May 7th. Persons interested in listening to the company’s earnings conference call can do so using this link.

Telefônica Brasil (NYSE:VIV) last announced its quarterly earnings data on Tuesday, February 20th. The Wireless communications provider reported $0.20 earnings per share for the quarter. The company had revenue of $2.73 billion for the quarter. Telefônica Brasil had a return on equity of 7.33% and a net margin of 9.70%. On average, analysts expect Telefônica Brasil to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Telefônica Brasil Stock Performance

Shares of NYSE VIV opened at $9.95 on Monday. The stock has a market cap of $16.55 billion, a price-to-earnings ratio of 16.05, a P/E/G ratio of 0.77 and a beta of 0.77. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.20. Telefônica Brasil has a 1-year low of $7.87 and a 1-year high of $11.43. The stock’s 50-day moving average is $10.06 and its 200 day moving average is $10.27.

Telefônica Brasil Cuts Dividend

The business also recently declared a — dividend, which was paid on Tuesday, April 30th. Investors of record on Friday, January 1st were given a dividend of $0.0373 per share. The ex-dividend date of this dividend was Tuesday, April 30th. This represents a yield of 4.7%. Telefônica Brasil’s payout ratio is 48.39%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VIV. StockNews.com upgraded Telefônica Brasil from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, February 20th. Barclays reduced their price target on Telefônica Brasil from $13.50 to $13.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 23rd. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Telefônica Brasil has an average rating of “Moderate Buy” and an average target price of $11.60.

Telefônica Brasil Company Profile

Telefônica Brasil SA, together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services.