Entravision Communications Corporation (NYSE:EVC) is reporting second quarter financial results on Tuesday 4th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, EVC is expected to report 2Q20 loss of $ 0.11 per share from revenue of $ 45.90 million.
For the full year, analysts anticipate top line of $ 224.80 million, while looking forward to loss of $ 0.08 per share bottom line.
Previous Quarter Performance
Entravision Communications Corporation posted income for the first quarter of $ 0.06 per share, from the revenue of $ 64.25 million. The quarterly earnings lowered 93.55 percent compared with the same quarter last year. Street analysts expected income of $ 0.01 per share The bottom line results beat street analysts by $ 0.05 or 500.00 percent, at the same time, top line results analysts by $ 2.32 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of EVC was $ 1.34, representing a 21.82 % increase from the 52 week low of $ 1.10 and a 61.05 % decrease over the 52 week high of $ 3.44.
The company has a market capital of $ 112.69 million and is part of the Consumer Cyclical sector and Broadcasting – TV industry.
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Recent Stock Dividend Announcement
On May 7, 2020, the board of directors authorized quarterly dividend of $ 0.025 per share to holders of record as of the close of business on June 15, 2020, with payment date of June 30, 2020 and ex-dividend date on June 12, 2020.
Conference Call
Entravision Communications Corporation will be hosting a conference call at 5:00 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.entravision.com
Entravision Communications Corporation operates as a media company that reaches and engages Hispanics across acculturation levels and media channels primarily in the United States, Spain, Mexico, Argentina, and other Latin America countries. It operates through three segments: Television Broadcasting, Radio Broadcasting, and Digital Media. The companys portfolio encompasses integrated marketing and media solutions, including television, radio, and digital properties, as well as data analytics services.