04:06 AM EDT, 05/14/2026 (MT Newswires) -- (Updates with revenue guidance in the fourth paragraph.)

Telefonica ( TEFOF ) reported Q1 adjusted earnings from continuing operations Thursday of 0.07 euro ($0.07) per share, down from 0.10 euro a year earlier.

Revenue for the quarter ended March 31 was 8.13 billion euros, up from 8.09 billion euros a year earlier.

Analysts surveyed by FactSet expected 8.15 billion euros.

The company expects revenue growth of 1.5% to 2.5% in 2026 after a 0.8% increase in Q1, while Telefonica's ( TEFOF ) Transform & Grow framework targets a 1.5% to 2.5% revenue compound annual growth rate for 2025 to 2028, accelerating to 2.5% to 3.5% over 2028 to 2030.