Profile
Sector:
Communication ServicesIndustry:
Telecom ServicesCountry:
SpainIPO:
12 June 1987Website:
http://www.telefonica.comNext earnings report:
21 February 2025Last dividends:
18 June 2024Next dividends:
N/APrice
after hours | Fri, 15 Nov 2024 22:56:47 GMTAnalysts recommendations
Institutional Ownership
TEF Latest News
TEF's Q3 2024 performance is affected by forex headwinds amid strength in Telefonica Tech and Telefonica Infra business units.
Telefonica S.A.'s Q3 earnings show a 3% y/y decline in sales, with significant revenue drops in Brazil and Hispam due to currency depreciation and competitive pressures. The company's high debt load (€32B long-term, €6B short-term) is concerning, though it has decent free cash flow and cash reserves to cover obligations. Telefonica Tech's growth in digital solutions, with a 9.5% y/y increase, offers potential for future revenue diversification and top-line improvement.
Telefónica, S.A. (NYSE:TEF ) Q3 2024 Earnings Conference Call November 7, 2024 4:00 AM ET Company Participants Adrian Zunzunegui - Global Director, Investor Relations Jose Maria - Chairman & CEO Angel Vila - COO Laura Abasolo - CFO Markus Haas - CEO, Telefónica Deutschland Conference Call Participants Ondrej Cabejsek - UBS Mathieu Robilliard - Barclays Luigi Minerva - HSBC Fernando Cordero - Banco Santander Keval Khiroya - Deutsche Bank James Ratzer - New Street Research Joshua Mills - BNP Exane Operator Good morning.
Brazil's Telefonica reported on Tuesday a 13% increase in net profit for the third quarter compared to the same period last year.
Focus on operational efficiency, strategic collaborations and investments bode well for TEF. Huge debt and dynamic macro conditions remain headwinds.
Millicom (Tigo) subsidiary Telefónica Celular del Paraguay S.A.E. announces its intent to partially redeem Senior Notes due 2027
Strategic investments in network expansion and operational efficiency bode well for Telefonica amid increasing competition and FX volatility.
Conservative leverage, FCF improvement, and on-track results make Telefonica stock a buy with a €4.9/share price target. Telefonica is a decent investment with good yield and potential for outperformance, primarily income-oriented. The company's 2Q24 results show accelerating top-line growth, EBITDA growth, and expansion of 5G coverage, supporting the positive thesis.
José María Álvarez-Pallete López, chairman of Telefonica, says he would like to see deregulation in the Spanish market.
Telefónica, S.A. TEF is enhancing its commitment to sustainability through its Circular Economy Plan, leveraging 'VICKY,' a blockchain-based platform.
What type of business is Telefonica SA?
Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services. It also provides fixed telecommunication services, including PSTN lines; ISDN accesses; public telephone services; local, domestic, and international long-distance and fixed-to-mobile communications; corporate communications; supplementary value-added services; video telephony; intelligent network; and telephony information services, as well as leases and sells handset equipment and telephony information services. It also provides Internet and broadband multimedia services comprising internet service provider, portal and network, retail and wholesale broadband access, narrowband switched access, security, internet through fibre to the home, and voice over internet protocol services. In addition, the company offers leased line, virtual private network, fibre optics, web hosting and application, managed hosting, content delivery, outsourcing and application, desktop, and system integration and professional services. Further, the company offers wholesale services for telecommunication operators, including domestic interconnection and international wholesale services; leased lines for other operators; and local loop leasing services, as well as bit stream services, wholesale line rental accesses, and leased ducts for other operators' fiber deployment. Additionally, it provides video/TV services; smart connectivity and services, and consumer IoT products; financial and other payment, security, cloud, advertising, big data, and digital experience services; Aura; open gateway, living apps; smart Wi-Fi, Phoenix, NT, Solar 360, and Movistar Home devices. Telefónica, S.A. was incorporated in 1924 and is headquartered in Madrid, Spain.
What sector is Telefonica SA in?
Telefonica SA is in the Communication Services sector
What industry is Telefonica SA in?
Telefonica SA is in the Telecom Services industry
What country is Telefonica SA from?
Telefonica SA is headquartered in Spain
When did Telefonica SA go public?
Telefonica SA initial public offering (IPO) was on 12 June 1987
What is Telefonica SA website?
https://www.telefonica.com
Is Telefonica SA in the S&P 500?
No, Telefonica SA is not included in the S&P 500 index
Is Telefonica SA in the NASDAQ 100?
No, Telefonica SA is not included in the NASDAQ 100 index
Is Telefonica SA in the Dow Jones?
No, Telefonica SA is not included in the Dow Jones index
When was Telefonica SA the previous earnings report?
No data
When does Telefonica SA earnings report?
The next expected earnings date for Telefonica SA is 21 February 2025