PLDT (PHI) Expected to Announce Quarterly Earnings on Tuesday

PLDT (NYSE:PHI) is anticipated to issue its quarterly earnings data 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 announced its quarterly earnings results on Thursday, March 13th. The technology company reported $0.67 earnings per share for the quarter. PLDT had a return on equity of 22.11% and a net margin of 12.34%. The company had revenue of $960.62 million during 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 Trading Down 2.7 %

PLDT stock opened at $22.75 on Friday. The company has a current ratio of 0.34, a quick ratio of 0.32 and a debt-to-equity ratio of 2.24. The stock’s 50 day simple moving average is $23.29 and its two-hundred day simple moving average is $23.87. PLDT has a 12 month low of $21.00 and a 12 month high of $29.05. The firm has a market cap of $4.91 billion, a PE ratio of 8.68, a P/E/G ratio of 1.14 and a beta of 0.68.

PLDT Dividend Announcement

The company also recently declared a semi-annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, March 12th will be given a dividend of $0.812 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a yield of 5.4%. PLDT’s dividend payout ratio is presently 44.66%.

Analyst Ratings Changes

Separately, StockNews.com upgraded PLDT from a “buy” rating to a “strong-buy” rating in a research report 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.