Entravision Communication (EVC) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Entravision Communication (EVC) reported quarterly earnings results on Thursday, May-5-2016. The company reported $0.02 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.03. The company posted revenue of $58.10 million in the period, compared to analysts expectations of $57.46 million. The company’s revenue was down -2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS.

Entravision Communication closed down -0.03 points or -0.37% at $8 with 3,82,125 shares getting traded on Wednesday. Post opening the session at $8.03, the shares hit an intraday low of $7.9 and an intraday high of $8.19 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Apr 29, 2016, Mario M. Carrera (Chief Revenue Officer) sold 66,000 shares at $7.80 per share price. According to the SEC, on Jan 6, 2016, Christopher T Young (CFO) sold 9,400 shares at $7.28 per share price. On Jan 6, 2016, Liberman A Jeffery (Chief Operating Officer) sold 9,175 shares at $7.28 per share price, according to the Form-4 filing with the securities and exchange commission.

Entravision Communications Corporation is a diversified media company. The Company serves Hispanic audiences primarily throughout the United States and the border markets of Mexico. The Company operates in three segments: television broadcasting radio broadcasting and digital media. The Company owns and operates Univision-affiliated television stations in approximately 24 markets including over 20 of the over 50 Hispanic markets in the United States. It owns and operates approximately 49 radio stations (38 FM and 11 AM) over 48 of which are located in the over 50 Hispanic markets in the United States. It provides digital advertising solutions that allow advertisers to reach online Hispanic audiences. It operates a technology and data platform that delivers digital advertising in various advertising formats to allow advertisers to reach Hispanic audiences. It owns and operates group of primarily Spanish-language radio stations in the United States.

Entravision Communication

Leave a Reply

Entravision Communication - Is it time to Sell?

Top Brokerage Firms are advising their investors on Entravision Communication. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.