Entravision Communications (NYSE:EVC) Announces Quarterly Earnings Results

Entravision Communications (NYSE:EVC) announced its quarterly earnings results on Thursday. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.11, FiscalAI reports. The business had revenue of $226.31 million during the quarter, compared to analysts’ expectations 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 Trading Up 3.1%

Shares of NYSE EVC traded up $0.23 during trading on Thursday, reaching $7.50. The stock had a trading volume of 4,507,680 shares, compared to its average volume of 1,116,355. 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 business’s 50-day moving average price is $7.29 and its 200-day moving average price is $6.86. The company has a market cap of $692.64 million, a P/E ratio of 364.00 and a beta of 1.75.

Entravision Communications Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Entravision Communications from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, October 19th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Insider Transactions at Entravision Communications

In related news, Director Paul Zevnik sold 35,000 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $8.40, for a total transaction of $294,000.00. Following the transaction, the director owned 36,100 shares of the company’s stock, valued at approximately $303,240. This represents a 49.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 9.12% of the company’s stock.

About Entravision Communications

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.