Telefonica's Q4 Earnings Decline, Revenues Increase Y/Y
Telefonica, S.A. (TEF) reported a fourth-quarter 2024 net income of €425 million, which plummeted 41.8% year over year. Furthermore, basic earnings per share (EPS) were €0.06 compared with €0.12 in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly total revenues increased 5.4% year over year to €10,701 million, driven by strong business performance and positive commercial momentum in key markets. This growth was reflected across major segments, with res ...