Jul 21, 2008
Story Timeline: 83 days
What: Telmex 2nd-quarter earnings survey * When: Scheduled to report July 22 * Revenue seen down 2.6 percent MEXICO CITY, July 21 (Reuters) - Mexico's leading fixed phone line operator, Telmex, is expected to post declines in second-quarter revenue and operating profit, hit by stiffer competition. Six analysts surveyed by Reuters forecast, on average, that Telmex's April-June revenue will dip 2.6 percent to 31.478 billion pesos ($3.05 billion) from 32.325 billion pesos a year earlier. Core earnings before interest, taxes, depreciation and amortization are expected to fall 3.6 percent to 14.958 billion pesos. Telmex is scheduled to report second-quarter results on Tuesday. It has spun off its international operations, Telmex Internacional, which will report separately on Wednesday. Following are the average estimates for...
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