Entravision Communication (NYSE:EVC) posted its quarterly earnings data on Wednesday. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.03), Yahoo Finance reports. Entravision Communication had a net margin of 31.96% and a return on equity of 75.49%. The business had revenue of $73.50 million for the quarter, compared to analysts’ expectations of $71.56 million. During the same quarter in the previous year, the firm earned $0.08 EPS. Entravision Communication’s revenue was up 4.6% compared to the same quarter last year.
Shares of Entravision Communication (NYSE:EVC) traded down $1.15 during midday trading on Thursday, reaching $5.15. The company’s stock had a trading volume of 1,209,912 shares, compared to its average volume of 518,976. The company has a current ratio of 6.93, a quick ratio of 6.93 and a debt-to-equity ratio of 0.83. The company has a market cap of $567.02, a price-to-earnings ratio of 2.81 and a beta of 1.51. Entravision Communication has a 1-year low of $5.05 and a 1-year high of $7.90.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 19th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date is Friday, March 16th. Entravision Communication’s dividend payout ratio (DPR) is presently 10.75%.
About Entravision Communication
Entravision Communications Corporation is a media company. The Company reaches and engages Hispanics in the United States and certain border markets of Mexico across media channels and advertising platforms. The Company operates through three segments: television broadcasting, radio broadcasting and digital media.
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