Reported Monday, Telefonica Brasil Q2 EPS $0.14 Beats $0.13 Estimate, Sales $2.63B Beat $2.50B Estimate
Portfolio Pulse from Benzinga Newsdesk
Telefonica Brasil (NYSE:VIV) reported Q2 earnings per share of $0.14, beating the analyst estimate of $0.13. The company also reported sales of $2.63 billion, surpassing the $2.50 billion estimate.
July 30, 2024 | 7:06 am
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Telefonica Brasil reported Q2 EPS of $0.14, beating the $0.13 estimate, and sales of $2.63 billion, surpassing the $2.50 billion estimate. This indicates strong financial performance.
The company's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for the stock price in the short term. The beat on both EPS and sales suggests strong operational performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100