Telefónica (TEF) Projected to Post Quarterly Earnings on Thursday

Telefónica (NYSE:TEF) is anticipated to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $10.53 billion for the quarter.

Telefónica Stock Performance

TEF stock opened at $4.38 on Tuesday. The business’s 50-day moving average price is $4.09 and its two-hundred day moving average price is $4.43. 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 firm has a market cap of $24.81 billion, a PE ratio of -16.83 and a beta of 0.68. Telefónica has a 1-year low of $3.89 and a 1-year high of $4.93.

Telefónica Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, January 10th. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1576 per share. The ex-dividend date was Wednesday, December 18th. This represents a yield of 5.2%. Telefónica’s dividend payout ratio is presently -84.62%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Telefónica from a “hold” rating to a “buy” rating in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Telefónica currently has a consensus rating of “Hold”.

About Telefónica

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.