Liberty Global (LBTYA) to Release Quarterly Earnings on Friday

Key Points

• Liberty Global will report quarterly results before market open on Friday, May 1; analysts forecast EPS of ($0.5359) and revenue of $1.2294 billion, with average estimates of about -$1 EPS for the current fiscal year and -$2 for next year.
• In the prior quarter the company posted a steep EPS loss of ($8.60) versus a ($0.46) consensus, and reported a negative net margin (~146%) and negative return on equity (~58%), highlighting ongoing profitability issues.
• Shares opened at $12.11 (market cap ~$4.06B) and the stock carries a consensus analyst rating of "Reduce" with a $14.40 price target, while individual analyst opinions range from Buy to Sell.

Liberty Global (NASDAQ:LBTYA - Get Free Report) is projected to issue its results before the market opens on Friday, May 1st. Analysts expect the company to announce earnings of ($0.5359) per share and revenue of $1.2294 billion for the quarter.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported ($8.60) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($8.14). The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. On average, analysts expect Liberty Global to post $-1 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Liberty Global Stock Up 1.3%

Shares of Liberty Global stock opened at $12.11 on Friday. The business's fifty day moving average price is $12.29 and its two-hundred day moving average price is $11.45. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market capitalization of $4.06 billion, a P/E ratio of -0.58 and a beta of 1.01. Liberty Global has a 1-year low of $9.02 and a 1-year high of $13.52.

Analysts Set New Price Targets

LBTYA has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Liberty Global in a research note on Thursday, January 22nd. Zacks Research downgraded Liberty Global from a "hold" rating to a "strong sell" rating in a research note on Friday, March 20th. Finally, UBS Group lifted their target price on Liberty Global from $12.00 to $12.60 and gave the company a "neutral" rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus price target of $14.40.

Institutional Trading of Liberty Global

Hedge funds and other institutional investors have recently modified their holdings of the company. nVerses Capital LLC bought a new stake in shares of Liberty Global in the 4th quarter worth $114,000. Polymer Capital Management US LLC acquired a new position in shares of Liberty Global in the 4th quarter worth $177,000. DRW Securities LLC acquired a new position in shares of Liberty Global in the 4th quarter worth $170,000. Bank of Montreal Can grew its holdings in shares of Liberty Global by 22.8% in the 4th quarter. Bank of Montreal Can now owns 13,053 shares of the company's stock worth $145,000 after acquiring an additional 2,420 shares during the last quarter. Finally, Caerus Investment Advisors LLC grew its holdings in shares of Liberty Global by 12.7% in the 4th quarter. Caerus Investment Advisors LLC now owns 11,930 shares of the company's stock worth $133,000 after acquiring an additional 1,348 shares during the last quarter. Institutional investors own 37.20% of the company's stock.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company's footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.

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