Telefônica Brasil (NYSE:VIV – Get Free Report) issued its earnings results on Tuesday. The Wireless communications provider reported $0.18 EPS for the quarter, topping the consensus estimate of $0.15 by $0.03, Zacks reports. Telefônica Brasil had a return on equity of 7.53% and a net margin of 9.65%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the previous year, the firm earned $0.18 earnings per share.
Telefônica Brasil Trading Up 1.3 %
VIV traded up $0.12 during trading on Wednesday, hitting $9.31. The company’s stock had a trading volume of 346,143 shares, compared to its average volume of 813,363. The firm has a market capitalization of $15.49 billion, a P/E ratio of 14.83, a PEG ratio of 0.91 and a beta of 0.81. Telefônica Brasil has a twelve month low of $8.02 and a twelve month high of $11.43. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 0.21. The stock’s fifty day moving average price is $9.66 and its 200-day moving average price is $9.14.
Telefônica Brasil Cuts Dividend
The firm also recently announced a — dividend, which was paid on Tuesday, August 27th. Investors of record on Tuesday, August 27th were paid a dividend of $0.0379 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a yield of 3.2%. Telefônica Brasil’s dividend payout ratio is currently 42.86%.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on VIV
About Telefônica Brasil
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.
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