tiprankstipranks
Grupo Televisa Reports Q1 Financial Turnaround
Company Announcements

Grupo Televisa Reports Q1 Financial Turnaround

Grupo Televisa, S.A.B. (TV) has released an update.

Pick the best stocks and maximize your portfolio:

Grupo Televisa, S.A.B. has reported its financial results for the first quarter of 2024, indicating a revenue decrease of 4.8% and an operating income drop of 12.5%. However, the company has seen a significant turnaround in net income, achieving Ps.951.8 million compared to the previous year’s net loss. The results were adjusted for the spin-off of Ollamani S.A.B. and reflect a strong performance in spite of challenges.

For further insights into TV stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyTrump Trade: Sacks named to be White House AI and Crypto Czar
TheFlyTelevisa price target lowered to $8 from $11 at Benchmark
TheFlyTelevisa downgraded to Neutral from Overweight at JPMorgan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App