Stock Analysis

Telefónica Third Quarter 2024 Earnings: EPS Misses Expectations

BME:TEF
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Telefónica (BME:TEF) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €10.0b (down 6.4% from 3Q 2023).
  • Net income: €10.0m (down 98% from 3Q 2023).
  • Profit margin: 0.1% (down from 4.7% in 3Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: €0.002 (down from €0.089 in 3Q 2023).
earnings-and-revenue-growth
BME:TEF Earnings and Revenue Growth November 9th 2024

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

Telefónica EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 98%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Telecom industry in Europe.

Performance of the market in Spain.

The company's shares are down 3.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Telefónica (1 is concerning!) that we have uncovered.

Valuation is complex, but we're here to simplify it.

Discover if Telefónica might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.