Telefonica's Q1 net profit soars 79%, beats consensus [Reuters]
Telefonica SA (TEF)
Last telefonica sa earnings: 2/23 04:01 pm
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Source: Reuters
The company said it booked a net profit of 532 million euros ($571.47 million) in the first quarter out of revenues of 10.14 billion euros. Analysts expected a net profit of 388 million euros out of 10.07 billion revenues, according to a consensus provided by Telefonica. Adjusted earnings before interest, taxes, depreciation and amortization, a measure of profitability, rose 1.9% to 3.21 billion euros, it said. The performance in the first quarter was in line with the expectations of the management, who reiterated the targets for the full year. ($1 = 0.9309 euros) Get weekly news and analysis on the U.S. elections and how it matters to the world with the newsletter On the Campaign Trail. Sign up Reporting by Inti Landauro; Editing by Himani Sarkar and Janane Venkatraman Our Standards:
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TEF
News
- Telefonica, H.I.G. Among Suitors for Spain's Avatel [BNN Bloomberg (Canada)]BNN Bloomberg
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- Amazon Web Services plans $8.4 bln cloud investment in Germany [Reuters]Reuters
- Desert venture acquires entertainment firm in latest test of Saudi ambitions [Reuters]Reuters
- Telefónica, S.A. (NYSE: TEF) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
TEF
Earnings
- 5/10/24 - Beat
TEF
Sec Filings
- 5/15/24 - Form SC
- 5/13/24 - Form SC
- 5/13/24 - Form 6-K
- TEF's page on the SEC website