Grupo Televisa, S.A.B. (NYSE:TV) Posts Quarterly Earnings Results, Misses Estimates By $0.91 EPS

Grupo Televisa, S.A.B. (NYSE:TV) posted its quarterly earnings data on Thursday. The company reported ($0.90) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.91), Zacks reports. Grupo Televisa, S.A.B. had a negative return on equity of 5.73% and a negative net margin of 11.69%. The company had revenue of $758.58 million for the quarter, compared to the consensus estimate of $15.49 billion.

Grupo Televisa, S.A.B. Price Performance

Shares of TV stock opened at $1.94 on Friday. Grupo Televisa, S.A.B. has a 1 year low of $1.66 and a 1 year high of $3.62. The firm’s 50 day moving average is $1.87 and its 200-day moving average is $2.06. The company has a current ratio of 2.43, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03.

Analyst Ratings Changes

A number of research firms recently weighed in on TV. Benchmark reissued a “buy” rating and issued a $8.00 target price on shares of Grupo Televisa, S.A.B. in a research note on Tuesday, February 11th. StockNews.com lowered shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. JPMorgan Chase & Co. lowered shares of Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research report on Thursday, November 14th. Finally, The Goldman Sachs Group reduced their price target on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating on the stock in a research report on Tuesday, January 28th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Grupo Televisa, S.A.B. currently has a consensus rating of “Hold” and a consensus price target of $4.57.

About Grupo Televisa, S.A.B.

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.