Earnings Alerts

PLDT (TEL) Earnings: 2Q Net Income Hits 8.59B Pesos, Strong First Half Performance

  • PLDT‘s net income for the second quarter of 2024 is 8.59 billion pesos.
  • For the first half of 2024, PLDT‘s net income totals 18.41 billion pesos.
  • PLDT‘s revenue for the first half of 2024 stands at 107.58 billion pesos.
  • PLDT‘s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the first half of 2024 is 53.9 billion pesos.
  • Analyst recommendations: 16 buys, 2 holds, and 1 sell.

A look at PLDT Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

PLDT Inc., a telecommunications and digital services provider in The Philippines, has received varying Smart Scores across different factors. With a top score of 5 in dividends and momentum, the company seems well-positioned to provide attractive returns to its investors while maintaining a strong growth trajectory. Although value and resilience scores are moderate at 2, PLDT‘s ability to offer consistent dividends and showcase positive market momentum indicates a promising future for the company within the telecommunications industry.

Overall, PLDT‘s Smart Scores suggest a favorable long-term outlook, particularly in terms of dividends and momentum, highlighting the company’s strength in providing shareholder returns and sustaining positive market performance. With a focus on telecommunications and digital services, PLDT‘s diversified service offerings in fixed line, wireless, and fiber optic technologies position the company well for continued growth and resilience in the evolving digital landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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