Telefonica SA TEF reported a 21% rise in its net profit for the three months to March 31.
Telefonica's quarterly net profit surged to 902 million euros, from EUR748 million, in the year-ago period. However, analysts were expecting a net profit of EUR952 million.
Its sales declined 8.8% to EUR14.1 billion.
Telefonica shares closed at $14.64 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in