Entravision Communications Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Entravision Communications (NYSE:EVC) Full Year 2023 Results
Key Financial Results
Revenue: US$1.11b (up 16% from FY 2022).
Net loss: US$15.4m (down by 185% from US$18.1m profit in FY 2022).
US$0.18 loss per share (down from US$0.21 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Entravision Communications Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is expected to decline by 29% p.a. on average during the next 2 years, while revenues in the Media industry in the US are expected to grow by 3.2%.
Performance of the American Media industry.
The company's shares are down 52% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Entravision Communications has 4 warning signs (and 1 which is significant) we think you should know about.
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