Telefónica (NYSE:TEF - Get Free Report) issued its quarterly earnings data on Thursday. The utilities provider reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.01), Zacks reports. Telefónica had a negative net margin of 2.84% and a positive return on equity of 10.10%. The company had revenue of $11.14 billion for the quarter, compared to the consensus estimate of $10.53 billion.
Telefónica Price Performance
Shares of TEF stock remained flat at $4.40 during trading hours on Monday. The stock had a trading volume of 1,167,060 shares, compared to its average volume of 683,427. Telefónica has a 12 month low of $3.89 and a 12 month high of $4.93. The firm has a market cap of $24.95 billion, a PE ratio of -16.92 and a beta of 0.68. The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 1.33. The company has a 50 day moving average price of $4.11 and a 200-day moving average price of $4.43.
Telefónica Cuts Dividend
The firm also recently disclosed a semi-annual dividend, which was paid on Friday, January 10th. Shareholders of record on Wednesday, December 18th were given a $0.1576 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a yield of 5.2%. Telefónica's payout ratio is -84.62%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Telefónica from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold".
View Our Latest Research Report on Telefónica
About Telefónica
(
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Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.
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