Telefonica beats first-quarter profit forecasts [Reuters]
Telefonica SA (TEF)
Last telefonica sa earnings: 2/23 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
telefonica.com/en/web/shareholders-investors
Company Research
Source: Reuters
Telefonica beats first-quarter profit forecasts By Reuters Staff 3 Min Read MADRID (Reuters) -Spain’s Telefonica posted a smaller-than-expected fall in first-quarter net profit on Thursday helped by inflation-matching price rises in most markets, operating efficiencies and strength in its cloud and cybersecurity business. Net profit fell 20% to 706 million euros ($742 million) but beat the 470 million forecast by analysts in a company-provided survey. Telefonica’s reported core earnings fell 6.4% to 3.2 billion euros on revenue down 9% to 9.41 billion, beating analysts forecasts of 2.96 billion and 9.07 billion. “The results have exceeded forecasts in the main indicators,” analysts at brokerage Renta 4 said in a note to investors. Telefonica’s shares jumped 4.3% while the blue chip IBEX-35 index fell 1.6%. Excluding the effects of recent asset disposals, core earnings rose 2.1% on revenue up 3.2%, the company said. “Telefonica’s solid beginning of the year in an environment of inflat
Show less
Read more
Impact Snapshot
Event Time:
TEF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TEF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TEF alerts
High impacting Telefonica SA news events
Weekly update
A roundup of the hottest topics
TEF
News
- Prosolia Energy Selects Sitetracker to Drive International Expansion in Renewable Energy Sector [Yahoo! Finance]Yahoo! Finance
- Former Magic Leapers launch a platform for AR experiences [Yahoo! Finance]Yahoo! Finance
- Former Magic Leapers launch a platform for AR experiences [TechCrunch]TechCrunch
- Zacks Industry Outlook Highlights Telefonica, Telenor and Vivendi [Yahoo! Finance]Yahoo! Finance
- 3 Communication Stocks Poised to Soar Despite Industry Woes [Yahoo! Finance]Yahoo! Finance
TEF
Earnings
- 2/23/24 - Beat
TEF
Sec Filings
- 4/23/24 - Form 6-K
- 4/22/24 - Form SC
- 4/12/24 - Form SC
- TEF's page on the SEC website