Telefonica Q2 Adj $0.11 Up From $0.07 YoY, Sales $11.04B Down From $11.04B YoY
Portfolio Pulse from Benzinga Newsdesk
Telefonica (NYSE:TEF) reported Q2 earnings of $0.11 per share, a 69.23% increase from $0.07 per share YoY. Sales remained flat at $11.04 billion, a slight 0.03% decrease YoY.
July 31, 2024 | 10:21 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Telefonica reported a significant increase in Q2 earnings per share, up 69.23% YoY to $0.11. However, sales remained flat at $11.04 billion, showing a slight 0.03% decrease YoY.
The significant increase in earnings per share is a positive indicator for investors, suggesting improved profitability. The flat sales, while not ideal, do not detract significantly from the positive earnings growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100