Grupo Televisa SAB reports results for the quarter ended March 31 - Earnings Summary

• Grupo Televisa SAB TV.N reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of four analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -22 cents to -4 cents per share.

• Revenue fell 22% to $733.62 million from a year ago; analysts expected $768.14 million.

• Grupo Televisa SAB's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $15.67 million.

• Grupo Televisa SAB shares had risen by 8.0% this quarter and gained 12.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 128.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is "hold."

• Wall Street's median 12-month price target for Grupo Televisa SAB is $2.50

This summary was machine generated from LSEG data April 30 at 06:42 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)