Grupo Televisa, S.A.B. (TV) Projected to Post Quarterly Earnings on Thursday

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) is expected to be releasing its earnings data before the market opens on Thursday, April 24th. Analysts expect Grupo Televisa, S.A.B. to post earnings of ($0.06) per share and revenue of $15.33 billion for the quarter. Parties that wish to register for the company's conference call can do so using this link.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.90) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.91). Grupo Televisa, S.A.B. had a negative net margin of 11.69% and a negative return on equity of 5.73%. The company had revenue of $758.58 million during the quarter, compared to the consensus estimate of $15.49 billion. On average, analysts expect Grupo Televisa, S.A.B. to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Grupo Televisa, S.A.B. Stock Up 5.4 %

Shares of NYSE:TV traded up $0.10 during midday trading on Friday, reaching $1.87. 2,376,555 shares of the company were exchanged, compared to its average volume of 1,812,060. The firm has a market cap of $1.03 billion, a PE ratio of -2.55 and a beta of 1.70. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. Grupo Televisa, S.A.B. has a fifty-two week low of $1.55 and a fifty-two week high of $3.43. The stock has a fifty day simple moving average of $1.85 and a two-hundred day simple moving average of $1.98.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TV. Benchmark restated a "buy" rating and issued a $7.00 price target (down from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th. The Goldman Sachs Group reduced their price target on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating for the company in a research report on Tuesday, January 28th.

Grupo Televisa, S.A.B. Company Profile

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.