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Telefonica Brasil (NYSE:VIV) Releases Earnings Results, Misses Expectations By $0.06 EPS
Telefonica Brasil (NYSE:VIV) reported its quarterly earnings, missing analyst expectations with an EPS of $0.11 against an anticipated $0.17, and revenues of $2.83 billion versus $2.88 billion. Despite the miss, the stock analysts hold a consensus “Hold” rating with an average price target of $13.12, reflecting mixed sentiment. The company currently trades within a one-year range of $8.09–$16.47 and has a market capitalization of $25.61 billion.