Telefonica Brasil S.A. (NYSE:VIV) is expected to report second quarter earnings results, before market open, on Wednesday 29th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.15 per share.
Looking ahead, the full year income are expected at $ 0.52 per share on the revenues of $ 9006.65 million.
Previous Quarter Performance
Telefonica Brasil S.A. unveiled income for the first quarter of $ 0.15 per share, from the revenue of $ 2,446.00 million. The quarterly earnings boosted 122.22 percent while revenues compared with the same quarter last year.
Street analysts expected Telefonica Brasil S.A. to report income of $ 0.23 per share on revenue of $ 2,330.00 million for the first quarter. The bottom line results missed street analysts by $ 0.08 or 34.78 percent, at the same time, top line results outshined analysts by $ 116.00 million or 4.98 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of VIV was $ 9.78, representing a 26.19 % increase from the 52 week low of $ 7.75 and a 33.38 % decrease over the 52 week high of $ 14.68.
The company has a market capital of $ 16.44 billion and is part of the Communication Services sector and Telecom Services industry.
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Telefônica Brasil S.A. provides mobile and fixed telecommunications services to residential and corporate customers 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, and 4.5G, as well as mobile value-added services and wireless roaming services.
