Telefônica Brasil (VIV) to Release Quarterly Earnings on Tuesday

Telefônica Brasil (NYSE:VIV - Get Free Report) will be announcing its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.15 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Telefônica Brasil (NYSE:VIV - Get Free Report) last released its quarterly earnings data on Monday, July 29th. The Wireless communications provider reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. Telefônica Brasil had a return on equity of 7.53% and a net margin of 9.65%. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter last year, the business posted $0.14 EPS. 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 Price Performance

VIV traded down $0.38 on Tuesday, reaching $9.07. The stock had a trading volume of 1,730,140 shares, compared to its average volume of 816,487. The firm has a 50-day moving average of $9.70 and a 200-day moving average of $9.14. Telefônica Brasil has a fifty-two week low of $8.02 and a fifty-two week high of $11.43. The company has a market capitalization of $15.09 billion, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 0.92 and a beta of 0.80. The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 0.21.

Telefônica Brasil Cuts Dividend

The firm also recently disclosed a -- dividend, which was paid on Tuesday, August 27th. Investors of record on Tuesday, August 27th were issued a $0.0379 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a yield of 3.2%. Telefônica Brasil's dividend payout ratio (DPR) is presently 42.86%.

Analyst Ratings Changes

VIV has been the subject of several analyst reports. StockNews.com downgraded shares of Telefônica Brasil from a "strong-buy" rating to a "buy" rating in a research note on Monday, October 21st. Morgan Stanley raised Telefônica Brasil from an "equal weight" rating to an "overweight" rating in a report on Thursday, July 11th. Scotiabank increased their price target on Telefônica Brasil from $9.20 to $10.40 and gave the company a "sector perform" rating in a research note on Friday, September 20th. Finally, Barclays lifted their price objective on Telefônica Brasil from $11.00 to $11.50 and gave the stock an "equal weight" rating in a research note on Thursday, August 1st. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $10.97.

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.