PLDT (PHI) Expected to Announce Earnings on Tuesday

PLDT (NYSE:PHI) is expected 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 issued its quarterly earnings data on Thursday, March 13th. The technology company reported $0.67 EPS for the quarter. PLDT had a net margin of 12.34% and a return on equity of 22.11%. The business 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 Stock Performance

Shares of NYSE:PHI opened at $22.75 on Monday. PLDT has a 52 week low of $21.00 and a 52 week high of $29.05. The stock has a market capitalization of $4.91 billion, a P/E ratio of 8.68, a PEG ratio of 1.14 and a beta of 0.68. The firm has a fifty day simple moving average of $23.29 and a two-hundred day simple moving average of $23.85. The company has a quick ratio of 0.32, a current ratio of 0.34 and a debt-to-equity ratio of 2.24.

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 paid a dividend of $0.812 per share. The ex-dividend date is Wednesday, March 12th. This represents a dividend yield of 5.4%. PLDT’s dividend payout ratio is presently 44.66%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of PLDT from a “buy” rating to a “strong-buy” rating in a research note 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.