Entravision Communications (NYSE:EVC) Announces Earnings Results, Misses Estimates By $0.25 EPS

Entravision Communications (NYSE:EVC) released its quarterly earnings results on Thursday. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.25), Zacks reports. The firm had revenue of $226.31 million during the quarter, compared to the consensus estimate of $162.16 million. Entravision Communications had a net margin of 0.62% and a return on equity of 6.98%.

Here are the key takeaways from Entravision Communications’ conference call:

• Entravision reported third-quarter revenue of $226.3 million, up 88% year over year, and operating income of $28.3 million versus an operating loss of $9.1 million. The improvement was driven primarily by its advertising technology and services (ATS) segment.
• ATS revenue rose 133% to $177.2 million and operating profit increased 261% to $35.2 million, supported by more active advertisers and higher revenue per account. Management expects fourth-quarter ATS revenue growth above 100% year over year, while noting results can vary with large customers’ spending.
• Media political revenue is expected to be about $25 million for 2026, at the low end of management’s target range and below the $32 million and $34 million recorded in the prior midterm and presidential election years. Executives cited weaker-than-expected spending in several races, particularly limited Spanish-language spending in the Texas Senate race.
• The company is exploring strategic alternatives for its TV business without a Univision affiliation; its current affiliation extension runs through March 31, 2027. It also agreed to sell its Tampa-area TV stations for $30 million and expects to realign media expenses with revenue to target profitability in 2027.
• Entravision ended the quarter with $90 million in cash and marketable securities, repaid $5 million of debt during the quarter, and paid a $0.05-per-share dividend. Management plans to review capital allocation priorities in early 2027, while maintaining debt reduction and shareholder returns as current priorities through year-end.

Entravision Communications Price Performance

Shares of NYSE EVC opened at $7.50 on Friday. Entravision Communications has a fifty-two week low of $2.56 and a fifty-two week high of $13.74. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.48 and a current ratio of 1.48. The firm’s 50-day simple moving average is $7.29 and its 200 day simple moving average is $6.86. The stock has a market cap of $692.64 million, a price-to-earnings ratio of 364.00 and a beta of 1.75.

Entravision Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Wednesday, September 16th. Entravision Communications’s dividend payout ratio is currently 2,000.00%.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded Entravision Communications from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, October 19th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, Entravision Communications has a consensus rating of “Hold”.

Insiders Place Their Bets

In other Entravision Communications news, Director Paul Zevnik sold 35,000 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $8.40, for a total value of $294,000.00. Following the completion of the sale, the director directly owned 36,100 shares of the company’s stock, valued at approximately $303,240. This represents a 49.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 9.12% of the company’s stock.

Entravision Communications Company Profile

Entravision Communications Corporation (NYSE:EVC) is a global advertising, media and technology company. The company provides digital advertising solutions through programmatic buying, mobile and connected television advertising, audio, and other digital media channels. Its technology and services help brands reach and engage audiences across multiple platforms.

Entravision also operates and represents media properties, including television and radio assets, with a historical focus on Spanish-language audiences in the United States.