NYSE$EVC

Entravision Communications-A · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Announced second quarter 2024 results, declared a quarterly cash dividend of $0.05 per share, and discontinued the Entravision Global Partners business.

Entravision Communications Corporation reported a 12% increase in net revenue from continuing operations for the second quarter of 2024 compared to the same quarter in 2023. The company discontinued its Entravision Global Partners business during the quarter.

  • Net revenue from continuing operations increased by 12% compared to the same quarter in 2023.
  • Entravision Global Partners (EGP) business was sold and is reported as discontinued operations.
  • The Board of Directors approved a quarterly cash dividend of $0.05 per share.
  • Company remains focused on maximizing political revenue, providing highly-rated news and content, strengthening digital marketing solutions, and growing the Smadex platform.

Headline financials

Total Revenue

$82.7M

Previous: $273M-69.8%
EPS

-$0.35

Previous: -$0.02-1650.0%
Capital Expenditures

-$4.74M

Previous: -$14.9M+68.1%
Free Cash Flow

-$36.4M

Previous: -$16.9M-116.0%
Net Income

-$31.7M

Previous: -$2M-1483.2%
Operating Income

-$3.34M

Previous: $544K-714.7%
Gross Profit

$58.2M

Previous: $77.5M-24.9%
Cash & Equivalents

$85.1M

Previous: $99.6M-14.5%
Total Assets

$570M

Previous: $865M-34.2%
Stock-Based Comp

$3.29M

Previous: $5.97M-44.9%

Revenue & EPS history

Entravision · Revenue · Quarterly

$82.7M

Q2 2024-69.8%vs Q2 2023
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Forward guidance

Entravision remains focused on maximizing political revenue, providing highly-rated news and content, strengthening digital marketing solutions, and growing the Smadex platform.

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 Q2 2024

Historical avgQ2 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

Earnings price reactions
QuarterReport dateReaction (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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