Movers and SHAKERS
Entravision Communications (EVC)
Will It Make Headway Fixing Digital?
Entravision Communications Corporation is a diversified Spanish-language media company utilizing a combination of television and radio operations to reach Hispanic consumers across the United States, as well as the border markets of Mexico.
Michael Kupinski, Senior Research Analyst, DOR, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Disappointing quarter. The company missed expectations on weaker than expected revenues, $69.2 million versus our estimate of $72.8 million. The biggest variance from our estimate was in the company's Digital division, missing our revenue expectation by 12.5%. Second quarter operating cash flow was $12.5 million, lighter than our $13.8 million estimate.
- Another tough quarter expected. Management indicated that advertising pacings for the third quarter are soft, anticipating total company revenues to be...
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*Analyst certification and important disclosures included in full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.