NYSE$EVC
Entravision Communications-A · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Entravision's financial performance declined due to Meta ending its ASP program, resulting in a net loss despite revenue growth.
Entravision Communications reported a 16% increase in net revenue to $277.445 million for the first quarter of 2024. However, the company experienced a net loss of $51.669 million, a significant decrease compared to the net income of $1.699 million in the same period last year. The company is impacted by Meta's decision to wind down its authorized sales partner program by July 1, 2024.
- Net revenue increased by 16% to $277.445 million.
- The company reported a net loss of $51.669 million, compared to a net income of $1.699 million in the previous year.
- Consolidated EBITDA decreased by 65% to $4.530 million.
- Meta's decision to end its ASP program by July 1, 2024, is expected to impact future results.
Headline financials
Revenue & EPS history
Entravision · Revenue · Quarterly
$277M
Forward guidance
Entravision faces uncertainty due to the termination of its ASP program with Meta but aims to maximize political revenue, deliver high-quality content, and develop its Smadex platform.
Tailwinds
- Focus on maximizing political revenue in the U.S. elections.
- Commitment to providing highly-rated news and content.
- Continued development of the Smadex programmatic ad purchasing platform.
- Solid balance sheet and strong cash position.
- Thorough review of digital strategy, operations, and cost structure initiated.
Headwinds
- Meta intends to wind down its authorized sales partner (ASP) program globally.
- Termination of the relationship with Meta by July 1, 2024.
- Potential impact on digital advertising revenue.
- Net loss reported for the first quarter of 2024.
- Decrease in Consolidated EBITDA.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
-0.5%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+4.0%
Avg return
30 days after
55%
32 / 58 earnings
Positive
+15.8%
Q4 2025
Best reaction
-51.1%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.7% | +88.4% | +138.9% | |
| Q4 2025 | +15.8% | -3.0% | +0.0% | |
| Q3 2025 | +2.1% | +5.6% | -4.2% | |
| Q1 2025 | +0.0% | +2.1% | +9.5% | |
| Q4 2024 | -16.8% | -9.6% | -7.2% | |
| Q3 2024 | -3.7% | +3.7% | -3.7% | |
| Q2 2024 | +1.1% | -1.6% | +6.6% | |
| Q1 2024 | +3.2% | -3.7% | -0.9% | |
| Q4 2023 | -51.1% | -59.3% | -48.6% | |
| Q3 2023 | +12.3% | +6.6% | +12.8% | |
| Q2 2023 | -17.7% | -19.4% | -19.2% | |
| Q1 2023 | -8.7% | -21.5% | -29.4% | |
| Q4 2022 | -6.1% | -5.0% | -13.0% | |
| Q3 2022 | +8.2% | +6.5% | +15.8% | |
| Q2 2022 | +2.3% | +1.2% | -6.6% | |
| Q1 2022 | -16.1% | -14.0% | -1.3% | |
| Q4 2021 | -4.1% | -6.2% | -1.8% | |
| Q3 2021 | +2.9% | -1.0% | -17.4% | |
| Q2 2021 | +15.1% | +25.1% | +26.9% | |
| Q1 2021 | -3.1% | -5.8% | +10.9% | |
| Q4 2020 | +11.5% | +16.2% | +5.8% | |
| Q3 2020 | +1.6% | +25.7% | +65.8% | |
| Q2 2020 | +3.0% | +1.5% | +11.9% | |
| Q1 2020 | +10.8% | +0.0% | +43.8% | |
| Q4 2019 | +0.0% | +11.7% | -23.9% | |
| Q3 2019 | +1.7% | +1.4% | -3.8% | |
| Q2 2019 | -8.5% | -8.5% | -2.3% | |
| Q1 2019 | +4.1% | +6.1% | -4.8% | |
| Q4 2018 | +10.5% | +5.1% | +3.0% | |
| Q3 2018 | -17.1% | -31.5% | -41.0% | |
| Q2 2018 | +4.5% | +7.9% | +18.0% | |
| Q1 2018 | -8.3% | -13.5% | -11.5% | |
| Q4 2017 | -19.8% | -26.2% | -23.8% | |
| Q3 2017 | -2.9% | +8.6% | +41.0% | |
| Q2 2017 | -4.5% | -9.1% | -14.4% | |
| Q1 2017 | -4.2% | -1.7% | +0.0% | |
| Q4 2016 | +9.9% | +11.7% | +11.7% | |
| Q3 2016 | -6.3% | -7.8% | +3.9% | |
| Q2 2016 | +5.5% | +7.9% | +7.3% | |
| Q1 2016 | -1.9% | — | — | |
| Q4 2015 | -1.2% | — | — | |
| Q3 2015 | +2.7% | — | — | |
| Q2 2015 | +8.0% | — | — | |
| Q1 2015 | +1.2% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | +2.2% | — | — | |
| Q2 2014 | -13.6% | — | — | |
| Q1 2014 | -4.2% | — | — | |
| Q4 2013 | +8.9% | — | — | |
| Q3 2013 | -5.6% | — | — | |
| Q2 2013 | +14.6% | — | — | |
| Q1 2013 | +7.2% | — | — | |
| Q2 2012 | +12.1% | — | — | |
| Q4 2012 | +4.7% | — | — | |
| Q3 2012 | +1.4% | — | — | |
| Q4 2011 | +7.5% | — | — | |
| Q2 2011 | +7.5% | — | — | |
| Q3 2011 | -9.8% | — | — |
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