Telefonica S.A - ADR Stock News

Spanish telecoms company Telefonica said on Wednesday that the World Bank's International Centre for Settlement of Investment Disputes (ICSID) had ordered the Colombian government to pay it $380 million as part of an arbitration process.

Telefonica S.A.'s Q3 earnings show a 3% y/y decline in sales, with significant revenue drops in Brazil and Hispam due to currency depreciation and competitive pressures. The company's high debt load (€32B long-term, €6B short-term) is concerning, though it has decent free cash flow and cash reserves to cover obligations. Telefonica Tech's growth in digital solutions, with a 9.5% y/y increase, o...

Telefónica, S.A. (NYSE:TEF ) Q3 2024 Earnings Conference Call November 7, 2024 4:00 AM ET Company Participants Adrian Zunzunegui - Global Director, Investor Relations Jose Maria - Chairman & CEO Angel Vila - COO Laura Abasolo - CFO Markus Haas - CEO, Telefónica Deutschland Conference Call Participants Ondrej Cabejsek - UBS Mathieu Robilliard - Barclays Luigi Minerva - HSBC Fernando Cordero - Ba...

Brazil's Telefonica reported on Tuesday a 13% increase in net profit for the third quarter compared to the same period last year.

Telefonica and AT&T are high-yield telecoms with checkered pasts. Both have made a lot of progress towards deleveraging and putting their businesses and dividends on a more sustainable path. We compare them side-by-side and share our take on which is the better buy today.

Conservative leverage, FCF improvement, and on-track results make Telefonica stock a buy with a €4.9/share price target. Telefonica is a decent investment with good yield and potential for outperformance, primarily income-oriented. The company's 2Q24 results show accelerating top-line growth, EBITDA growth, and expansion of 5G coverage, supporting the positive thesis.

The U.S. economy has lagged in 2024. While inflation has come down, it has failed to meet the Federal Reserve's target of 2%.

Telefónica, S.A. (NYSE:TEF ) Q2 2024 Earnings Conference Call July 31, 2024 4:00 AM ET Company Participants Adrian Zunzunegui - Global Director, Investor Relations Jose Maria - Chairman and CEO Angel Vila - COO Laura Abasolo - CFO Markus Haas - CEO, Telefónica Deutschland Lutz Schüler - CEO, Virgin Media O2 Conference Call Participants Andrew Lee - Goldman Sachs Mathieu Robilliard - Barclays Da...