For the fourth quarter Entravision reported earnings of 11 cents a share, beating analysts' estimates of 10 cents a share by 1 cent. Revenue fell 5.7% from the year ago quarter to $60.1 million for the company. That beats analysts' estimates of $57.97 million in revenue for the quarter.
Alongside the quarterly results Entravision announced a quarterly cash dividend of 2.5 cents a share. The dividend is payable on March 31 to all shareholders of record as of the close of business on March 14. The ex-dividend date is March 12.
TheStreet Ratings team rates ENTRAVISION COMMUNICATIONS as a "hold" with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
"We rate ENTRAVISION COMMUNICATIONS (EVC) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and weak operating cash flow."