Telefonica Brasil (NYSE:VIV) reported quarterly earnings of $0.19 per share which missed the analyst consensus estimate of $0.23 by 17.39 percent. This is a 26.67 percent increase over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $3.116 billion which missed the analyst consensus estimate of $3.120 billion by 0.13 percent. This is a 22.10 percent increase over sales of $2.552 billion the same period last year.