PLDT (PHI) Expected to Announce Earnings on Tuesday

PLDT (NYSE:PHI) will likely be announcing its earnings results before the market opens on Tuesday, March 25th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $982.99 million for the quarter.

PLDT (NYSE:PHI) last released its quarterly earnings data on Thursday, March 13th. The technology company reported $0.67 earnings per share (EPS) for the quarter. PLDT had a net margin of 12.34% and a return on equity of 22.11%. The firm had revenue of $960.62 million for the quarter. On average, analysts expect PLDT to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

PLDT Price Performance

PHI stock opened at $24.25 on Tuesday. The firm’s 50-day moving average price is $23.22 and its two-hundred day moving average price is $23.94. PLDT has a 12-month low of $21.00 and a 12-month high of $29.05. The stock has a market capitalization of $5.24 billion, a price-to-earnings ratio of 8.00, a PEG ratio of 1.14 and a beta of 0.68. The company has a current ratio of 0.34, a quick ratio of 0.32 and a debt-to-equity ratio of 2.24.

PLDT Dividend Announcement

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, March 12th will be given a $0.812 dividend. This represents a dividend yield of 5.4%. The ex-dividend date is Wednesday, March 12th. PLDT’s payout ratio is 38.61%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded PLDT from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 7th.

About PLDT

PLDT Inc provides telecommunications and digital services in the Philippines. The company operates through three segments: Wireless, Fixed Line, and Others. It offers cellular mobile, Internet broadband distribution, operations support, software development, and satellite information and messaging services; and sells Wi-Fi access equipment.