NYSE$EVC

Entravision Communications-A · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported a 21% increase in net revenue and a 12% increase in consolidated adjusted EBITDA compared to the prior-year quarter.

Entravision Communications Corporation reported a strong third quarter in 2022, with a 21% increase in net revenue and a 12% increase in consolidated adjusted EBITDA compared to the prior-year period. The growth was primarily driven by the digital segment, which saw a 29% increase in revenue. Political ad spend also contributed to the positive results in the television and audio businesses.

  • Record third quarter advertising revenue was achieved.
  • Net revenue increased by 21% year-over-year.
  • Consolidated adjusted EBITDA grew by 12% year-over-year.
  • Digital segment revenue increased by 29% year-over-year.

Headline financials

Total Revenue

$241M

Previous: $199M+21.1%
EPS (adj)

$0.11

Previous: $0.14-21.4%
Capital Expenditures

-$7.88M

Previous: -$4.27M-84.6%
Free Cash Flow

$1.21M

Previous: $9.62M-87.4%
Net Income

$9.09M

Previous: $13.9M-34.5%
Operating Income

$15.9M

Previous: $20.5M-22.4%
Gross Profit

$83.9M

Previous: -$28.6M+393.6%
Cash & Equivalents

$122M

Previous: $183M-33.5%
Total Assets

$876M

Previous: $828M+5.8%
Stock-Based Comp

$2.79M

Previous: $1.09M+154.7%

Revenue & EPS history

Entravision · Revenue · Quarterly

$241M

Q3 2022+21.1%vs Q3 2021
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Forward guidance

The company continues to strategically expand across the globe and now has operations in 40 countries across five continents in service of more than 7,000 clients. They are thoughtfully positioning their digital teams in emerging economies where Entravision’s unique offerings have a key first-mover advantage and where a critical mass of connected consumers exists alongside a growing advertising industry.

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 Q3 2022

Historical avgQ3 2022

-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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