Grupo Televisa SAB TV.N reported quarterly breakeven results per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of four analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -5 cents to 1 cents per share.
Revenue fell 13% to $912.22 million from a year ago; analysts expected $899.98 million.
Grupo Televisa SAB's reported EPS for the quarter was breakeven results.
The company reported a quarterly loss of $4.53 million.
Grupo Televisa SAB shares had fallen by 13.0% this quarter and lost 17.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 25.3% in the last three months.
In the last 30 days, one analyst revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and "sell" or "strong sell."
The average consensus recommendation for the broadcasting peer group is also "buy"
Wall Street's median 12-month price target for Grupo Televisa SAB is $3.51
This summary was machine generated from LSEG data July 23 at 10:35 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
-0.02 |
0.00 |
Beat |
Mar. 31 2024 |
-0.04 |
0.00 |
Beat |
Dec. 31 2023 |
-0.88 |
||
Sep. 30 2023 |
-0.03 |
-0.10 |
Missed |