Telefónica (TEF) Scheduled to Post Earnings on Thursday

Telefónica (NYSE:TEF - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

Telefónica (NYSE:TEF - Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. Telefónica had a negative net margin of 2.16% and a positive return on equity of 7.38%. The business had revenue of $10.93 billion during the quarter, compared to analyst estimates of $12.09 billion. During the same period last year, the firm posted $0.12 EPS. On average, analysts expect Telefónica to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Telefónica Price Performance

TEF traded up $0.06 during trading on Friday, reaching $4.56. 530,632 shares of the company traded hands, compared to its average volume of 788,736. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.85 and a current ratio of 0.89. Telefónica has a 12-month low of $3.71 and a 12-month high of $4.57. The firm has a fifty day simple moving average of $4.29 and a 200 day simple moving average of $4.11. The company has a market cap of $26.34 billion, a P/E ratio of -21.71, a PEG ratio of 3.10 and a beta of 0.69.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Telefónica from a "buy" rating to a "hold" rating in a report on Monday, March 11th.

Telefónica Company Profile

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.