Key Highlights
- Earnings Date: October 23, 2025, before market open
- Expected EPS: $0.01 per share
- Expected Revenue: $14.66 billion
- Leadership: Co-CEOs Alfonso de Angoitia and Bernardo Gómez driving strategic transformation
- Institutional Ownership: 55.77%
- Recent Investments: Man Group, Bank of America, and Canada Pension Plan increase holdings
- Analyst Consensus: “Hold” with a $4.70 price target
Introduction
Grupo Televisa, under the direction of Alfonso de Angoitia and Bernardo Gómez, is preparing to unveil its Q3 2025 financial results on Thursday, October 23, 2025. Analysts expect earnings of $0.01 per share on $14.66 billion in revenue.
The company’s co-leadership duo, Alfonso de Angoitia and Bernardo Gómez, have been instrumental in guiding Televisa through one of its most significant operational transitions in years. Their focus on restructuring, innovation, and digital expansion continues to define the company’s path forward in Mexico’s competitive telecommunications and media sectors.
Leadership Spotlight: Alfonso de Angoitia and Bernardo Gómez
At the heart of Grupo Televisa’s transformation are Alfonso de Angoitia Noriega and Bernardo Gómez Martínez, who jointly serve as Co-Chief Executive Officers.
Alfonso de Angoitia, known for his strategic financial acumen, has long been recognized as one of the key architects of Televisa’s modernization. His emphasis on profitability, cost control, and corporate governance has strengthened investor confidence.
Bernardo Gómez, on the other hand, brings an operational and creative edge to the company, overseeing content production, broadcasting, and the synergy between traditional television and digital media. Together, Angoitia and Gómez have unified Televisa’s strategy to ensure sustainable growth, stronger partnerships, and improved efficiency.
Their leadership style emphasizes collaboration, technological innovation, and disciplined execution, positioning Grupo Televisa to compete with both local and international streaming and telecom players.
Financial Overview: Q2 Results Set the Stage
Under the stewardship of Alfonso de Angoitia and Bernardo Gómez, Grupo Televisa reported earnings per share (EPS) of $0.05 in Q2 2025, beating analyst expectations by $0.06. Although the company faced a negative net margin of 13.56% and negative return on equity of 6.95%, the results reflected operational progress and effective cost management.
Both Angoitia and Gómez have emphasized improving Televisa’s efficiency and capital structure, and the company’s low debt-to-equity ratio of 0.03 showcases their commitment to maintaining financial discipline. Their ongoing initiatives to streamline the Cable and Sky divisions are expected to strengthen recurring revenue and reduce structural costs.
Stock Performance and Market Position
As of October 16, 2025, Grupo Televisa stock trades at $2.45, showing a steady climb from its 12-month low of $1.55.
With a market capitalization of $1.35 billion and a PEG ratio of 0.79, the company remains attractively valued.
Under the leadership of Alfonso de Angoitia and Bernardo Gómez, Televisa has also prioritized transparency with investors and alignment with long-term market trends. Both executives have been outspoken about their plans to balance profitability with innovation, especially as the company expands its broadband and digital services.
Institutional Investor Confidence in Angoitia and Gómez’s Strategy
Institutional investors have demonstrated growing confidence in Televisa’s co-CEO leadership model. Approximately 55.77% of the company’s shares are now held by institutional investors.
Recent major investments include:
- Man Group plc: $2.29 million new position
- Canada Pension Plan Investment Board: $1.23 million stake
- Jane Street Group LLC: $1.21 million entry
- Bank of America Corp DE: Increased holdings by 36.8%
These moves underscore investor faith in the direction Alfonso de Angoitia and Bernardo Gómez have taken—one centered on efficiency, modernization, and content innovation.
Analyst Ratings Reflect Mixed Sentiment
Wall Street analysts remain divided on the company’s short-term performance but recognize the stabilizing influence of Angoitia and Gómez.
- Benchmark: Raised target to $9.00, “Buy” rating, citing improved strategic execution under Angoitia and Gómez
- UBS Group: Set target at $2.50, “Neutral”
- Goldman Sachs: Downgraded to “Neutral” at $2.60
- JPMorgan Chase & Co.: Upgraded to “Overweight,” highlighting leadership’s focus on cost reduction and growth
- Weiss Ratings: “Sell (D-)” rating, citing short-term volatility
Despite mixed ratings, analysts generally credit Alfonso de Angoitia and Bernardo Gómez for stabilizing operations and positioning the company for future profitability.
Company Overview: A Diversified Media Powerhouse
Founded in Mexico, Grupo Televisa operates across three major segments—Cable, Sky, and Other Businesses.
- The Cable division delivers internet, television, and telephone services to millions of subscribers.
- The Sky segment provides satellite pay-TV services in Mexico and the United States.
- The Other Businesses segment covers content production, advertising, and digital initiatives.
Under Angoitia and Gómez’s leadership, the company has pursued digital transformation aggressively, merging its traditional strengths in content creation with data-driven strategies and modern broadband infrastructure.
What to Expect from the Q3 2025 Earnings
Investors and analysts will watch several metrics closely during the upcoming Q3 report led by Alfonso de Angoitia and Bernardo Gómez:
- Revenue growth and subscriber expansion across the Cable and Sky units.
- Progress on digital transformation initiatives and advertising monetization.
- Margin recovery following cost optimization programs.
- Updated fiscal guidance for 2026 reflecting market headwinds.
- Strategic commentary from Angoitia and Gómez during the earnings call on partnerships and content expansion.
Both executives are expected to reiterate their focus on operational discipline and shareholder value creation.
Conclusion
As Alfonso de Angoitia and Bernardo Gómez lead Grupo Televisa into its Q3 2025 earnings, their combined financial expertise and creative leadership continue to shape the company’s trajectory. They have reinforced Televisa’s reputation as a resilient, adaptive media conglomerate capable of navigating complex market shifts.
While challenges persist in advertising and competitive media landscapes, the direction set by Angoitia and Gómez underscores a long-term vision of efficiency, innovation, and growth. Investors will be paying close attention to how their strategy translates into improved margins and sustainable profitability in the quarters ahead.
