Empresa Nacional de Telecomunicaciones First Quarter 2024 Earnings: EPS Misses Expectations

Empresa Nacional de Telecomunicaciones (SNSE:ENTEL) First Quarter 2024 Results

Key Financial Results

• Revenue: CL$664.8b (up 11% from 1Q 2023).
• Net loss: CL$20.4b (down from CL$3.03b profit in 1Q 2023).
• CL$67.65 loss per share (down from CL$10.04 profit in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Empresa Nacional de Telecomunicaciones EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Global Wireless Telecom industry.

Performance of the market in Chile.

The company's shares are down 5.8% from a week ago.

Risk Analysis

We should say that we've discovered 5 warning signs for Empresa Nacional de Telecomunicaciones that you should be aware of before investing here.

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