PLDT (NYSE:PHI) Releases Earnings Results, Misses Estimates By $0.05 EPS

Posted by Stanley Muller on Aug 13th, 2026

PLDT (NYSE:PHI – Get Free Report) posted its quarterly earnings results on Thursday. The technology company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05), FiscalAI reports. The business had revenue of $903.22 million for the quarter, compared to analyst estimates of $880.27 million. PLDT had a net margin of 13.62% and a return on equity of 27.37%.

Here are the key takeaways from PLDT’s conference call:

PLDT maintained resilience but reported mixed earnings. First-half service revenue rose 1% to PHP 97.8 billion and EBITDA reached PHP 56.1 billion with a 52% margin, while telco core income fell 2% to PHP 16.6 billion and reported income declined 6% amid higher depreciation and foreign-exchange losses.
Wireless trends improved materially during the quarter. Monthly top-ups moved from negative 3% in March to positive 1% in June, approximately positive 3% in July and 2%–3% in August, supported by selective price increases, personalized offers and strong network performance.
Home operating indicators began recovering after first-quarter installation constraints. Fiber net additions more than doubled sequentially to 97,000 in the second quarter, postpaid net adds turned positive in May, and churn remained low, although revenue improvement is expected to lag the installation recovery by several months.
Enterprise remained the strongest growth engine. Revenue increased 5%, ICT revenue rose 22% and tech services grew 35%, while Vitro data-center revenue climbed 13% with activated capacity potentially expanding from 34 megawatts to 62.4 megawatts.
Lower capital spending and potential asset monetization support deleveraging. First-half CapEx fell to PHP 20.7 billion from PHP 27.4 billion, full-year guidance remains in the mid-PHP 50 billion range, and a potential Vitro REIT transaction could provide slightly over PHP 12 billion for debt repayment, reducing net debt-to-EBITDA from about 2.6 times to approximately 2.4 times.

PLDT Stock Down 0.5%

Shares of PHI traded down $0.09 during midday trading on Thursday, reaching $19.52. 60,506 shares of the stock were exchanged, compared to its average volume of 136,656. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 8.13, a P/E/G ratio of 2.89 and a beta of 0.60. The company has a quick ratio of 0.40, a current ratio of 0.42 and a debt-to-equity ratio of 2.10. PLDT has a 12-month low of $17.05 and a 12-month high of $24.51. The firm has a 50 day simple moving average of $18.68 and a 200-day simple moving average of $20.48.

Hedge Funds Weigh In On PLDT

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Trust Advisors LP bought a new position in shares of PLDT in the 4th quarter valued at approximately $277,000. Ieq Capital LLC bought a new position in shares of PLDT in the fourth quarter valued at approximately $315,000. HRT Financial LP bought a new position in shares of PLDT in the fourth quarter valued at approximately $300,000. Syon Capital LLC acquired a new stake in shares of PLDT in the fourth quarter worth $212,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of PLDT in the third quarter worth $382,000. Institutional investors own 2.26% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on PHI shares. Zacks Research raised PLDT from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. TD Cowen reaffirmed a “hold” rating on shares of PLDT in a research report on Thursday. Finally, Weiss Ratings lowered shares of PLDT from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 3rd. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Get Our Latest Stock Analysis on PLDT

PLDT Company Profile

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Philippine Long Distance Telephone Company (PLDT) is the largest integrated telecommunications provider in the Philippines, offering a comprehensive suite of fixed‐line, wireless, broadband Internet, and digital solutions to residential, enterprise, and government customers. Founded in 1928, PLDT has played a pivotal role in the development of the country’s communications infrastructure, evolving from a traditional operator of long‐distance telephone lines into a diversified digital services provider.

PLDT operates two main business segments: its fixed‐line and broadband operations under the PLDT brand and its wireless services through subsidiary Smart Communications.