Entravision Communications (NYSE:EVC – Get Free Report) posted its earnings results on Thursday. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.11, FiscalAI reports. The business had revenue of $226.31 million for the quarter, compared to analyst estimates of $162.16 million. Entravision Communications had a net margin of 0.62% and a return on equity of 6.98%.
Here are the key takeaways from Entravision Communications’ conference call:
- Entravision reported third-quarter revenue of $226.3 million, up 88% year over year, and operating income of $28.3 million versus an operating loss of $9.1 million. The improvement was driven primarily by its advertising technology and services (ATS) segment.
- ATS revenue rose 133% to $177.2 million and operating profit increased 261% to $35.2 million, supported by more active advertisers and higher revenue per account. Management expects fourth-quarter ATS revenue growth above 100% year over year, while noting results can vary with large customers’ spending.
- Media political revenue is expected to be about $25 million for 2026, at the low end of management’s target range and below the $32 million and $34 million recorded in the prior midterm and presidential election years. Executives cited weaker-than-expected spending in several races, particularly limited Spanish-language spending in the Texas Senate race.
- The company is exploring strategic alternatives for its TV business without a Univision affiliation; its current affiliation extension runs through March 31, 2027. It also agreed to sell its Tampa-area TV stations for $30 million and expects to realign media expenses with revenue to target profitability in 2027.
- Entravision ended the quarter with $90 million in cash and marketable securities, repaid $5 million of debt during the quarter, and paid a $0.05-per-share dividend. Management plans to review capital allocation priorities in early 2027, while maintaining debt reduction and shareholder returns as current priorities through year-end.
Entravision Communications Stock Up 20.3%
Shares of Entravision Communications stock opened at $9.02 on Friday. The business has a fifty day simple moving average of $7.31 and a 200 day simple moving average of $6.89. Entravision Communications has a 12 month low of $2.56 and a 12 month high of $13.74. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 1.64. The stock has a market cap of $832.46 million, a PE ratio of -150.31 and a beta of 1.75.
Entravision Communications Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 17th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, December 17th. Entravision Communications’s payout ratio is presently 2,000.00%.
More Entravision Communications News
Here are the key news stories impacting Entravision Communications this week:
- Positive Sentiment: Third-quarter revenue rose 88% year over year to $226.3 million, substantially above analysts’ $162.2 million estimate. Entravision also declared a quarterly dividend of $0.05 per share, equivalent to $0.20 annually. Entravision Reports Third Quarter 2026 Results
- Neutral Sentiment: Political advertising helped drive the revenue increase. That provides a near-term boost, though investors may consider how much of the growth can continue outside periods of elevated political ad spending. Political Ads Boost Entravision Q3 Revenue
- Negative Sentiment: Entravision reported a loss of $0.18 per share, missing the consensus expectation of $0.07 in earnings per share. The earnings shortfall could temper the positive response to the strong revenue growth. Entravision Communications Corporation reports Q3 results
Analysts Set New Price Targets
Separately, Weiss Ratings cut shares of Entravision Communications from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, October 19th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on EVC
Insider Buying and Selling at Entravision Communications
In other news, Director Paul Zevnik sold 35,000 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $8.40, for a total value of $294,000.00. Following the completion of the sale, the director owned 36,100 shares of the company’s stock, valued at approximately $303,240. This represents a 49.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 9.12% of the company’s stock.
About Entravision Communications
Entravision Communications Corporation (NYSE:EVC) is a global advertising, media and technology company. The company provides digital advertising solutions through programmatic buying, mobile and connected television advertising, audio, and other digital media channels. Its technology and services help brands reach and engage audiences across multiple platforms.
Entravision also operates and represents media properties, including television and radio assets, with a historical focus on Spanish-language audiences in the United States.
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