PLDT (NYSE:PHI) Announces Quarterly Earnings Results

PLDT (NYSE:PHIGet Free Report) issued its quarterly earnings results on Thursday. The technology company reported $0.67 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $960.62 million during the quarter. PLDT had a return on equity of 22.11% and a net margin of 12.34%.

PLDT Stock Performance

Shares of PLDT stock opened at $23.78 on Friday. The company has a current ratio of 0.34, a quick ratio of 0.32 and a debt-to-equity ratio of 2.24. PLDT has a 12 month low of $21.00 and a 12 month high of $29.05. The stock’s fifty day moving average price is $23.18 and its 200-day moving average price is $24.00. The firm has a market cap of $5.14 billion, a P/E ratio of 7.85, a P/E/G ratio of 1.14 and a beta of 0.68.

PLDT Dividend Announcement

The firm also recently announced a semi-annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, March 12th will be paid a $0.812 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a yield of 5.4%. PLDT’s payout ratio is 38.61%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded PLDT from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 7th.

Read Our Latest Research Report on PLDT

PLDT Company Profile

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PLDT Inc provides telecommunications and digital services in the Philippines. The company operates through three segments: Wireless, Fixed Line, and Others. It offers cellular mobile, Internet broadband distribution, operations support, software development, and satellite information and messaging services; and sells Wi-Fi access equipment.

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Earnings History for PLDT (NYSE:PHI)

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