Telefonica SA ($TEF) 3Q20 Earnings Preview

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Telefonica SA (NYSE:TEF) is reporting third quarter financial results on Thursday 29th October 2020, before market open.

Previous Quarter Performance

Telefonica SA recorded income for the second quarter of $ 0.13 per share, from the revenue of $ 11,387.00 million.

Stock Performance

Shares of Telefonica SA traded low $ -0.08 or -2.24 percent on Wednesday, reaching $ 3.49 with volume of 1.59 million shares. Telefonica SA has traded high as $ 3.55 and has cracked $ 3.46 on the downward trend

According to the previous trading day, closing price of $ 3.49, representing a 5.31 % increase from the 52 week low of $ 3.39 and a 53.82 % decrease over the 52 week high of $ 7.73.

The company has a market capital of $ 18.36 billion and is part of the Communication Services sector and Telecom Services industry.

Telefónica, S.A. provides mobile and fixed communication services primarily in Europe and Latin America. The companys mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.