Telefônica Brasil (NYSE:VIV – Get Free Report) posted its earnings results on Monday. The Wireless communications provider reported $0.14 EPS for the quarter, meeting the consensus estimate of $0.14, Yahoo Finance reports. The company had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.51 billion. Telefônica Brasil had a return on equity of 7.39% and a net margin of 9.63%. During the same period in the prior year, the company earned $0.14 earnings per share.
Telefônica Brasil Stock Performance
VIV stock opened at $8.59 on Tuesday. The company has a 50-day simple moving average of $8.54 and a 200 day simple moving average of $9.56. The company has a market capitalization of $14.29 billion, a P/E ratio of 13.64, a PEG ratio of 0.79 and a beta of 0.79. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 0.21. Telefônica Brasil has a fifty-two week low of $8.02 and a fifty-two week high of $11.43.
Telefônica Brasil Increases Dividend
The firm also recently declared a — dividend, which was paid on Monday, July 29th. Stockholders of record on Friday, January 1st were issued a dividend of $0.0617 per share. This represents a dividend yield of 3.3%. This is a positive change from Telefônica Brasil’s previous — dividend of $0.02. The ex-dividend date was Monday, July 29th. Telefônica Brasil’s dividend payout ratio (DPR) is 44.45%.
Wall Street Analysts Forecast Growth
Telefônica Brasil Company Profile
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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