Entravision Communications Corp. (EVC) Reports In-Line Q1 EPS

Entravision Communications Corp. (NYSE: EVC) reported Q1 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $52.7 million versus the consensus estimate of $52 million.

Commenting on the Company's earnings results, Walter F. Ulloa, Chairman and Chief Executive Officer, said, "During the first quarter, we achieved continued growth in core advertising revenue (excluding retransmission consent revenue and political advertising revenue) as our television segment again outperformed the television broadcast industry. Continuing the trend of the last several years, we also experienced an increase in retransmission consent revenue. We also improved our free cash flow and net income over the first quarter of 2013 as we benefited from the successful refinancing of our debt. Our audience shares remain strong in the nation's most densely populated Latino markets, and we believe we are well positioned to benefit as the U.S. Latino market continues to expand and advertisers increasingly recognize the importance of reaching our target audience."

For earnings history and earnings-related data on Entravision Communications Corp. (EVC) click here.

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