Telefonica Brasil Q2 EPS $0.14 Beats $0.10 Estimate, Sales $2.57B Beat $2.45B Estimate
Portfolio Pulse from Benzinga Newsdesk
Telefonica Brasil (NYSE:VIV) reported Q2 earnings of $0.14 per share, beating the analyst consensus estimate of $0.10 by 37%. This is a 45.74% increase from the same period last year. The company also reported quarterly sales of $2.57 billion, beating the analyst consensus estimate of $2.45 billion by 4.90%. This is a 12.33% increase from the same period last year.
July 26, 2023 | 5:48 am
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POSITIVE IMPACT
Telefonica Brasil's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Telefonica Brasil's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant increase in earnings and sales from the same period last year further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100