Liberty Global (LBTYK) Projected to Post Earnings on Friday

Key Points

• Liberty Global will report earnings before the market opens on Friday, May 1, with analysts expecting EPS of ($0.3530) and revenue of $1.2463 billion for the quarter.
• In the prior quarter the company posted a substantial EPS miss (reported ($8.60) vs. estimate ($0.31)) and showed weak profitability metrics (ROE -58.32%, net margin -146.30%), and the MarketBeat consensus rating for the stock is Sell.
• Shares trade near $11.72 with a one‑year range of $9.21–$13.12, a market capitalization of $3.93 billion and a negative P/E of -0.56.

Liberty Global (NASDAQ:LBTYK - Get Free Report) is projected to release its results before the market opens on Friday, May 1st. Analysts expect Liberty Global to post earnings of ($0.3530) per share and revenue of $1.2463 billion for the quarter.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The company reported ($8.60) EPS for the quarter, missing the consensus estimate of ($0.31) by ($8.29). Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%.The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion.

Liberty Global Stock Performance

Shares of LBTYK stock opened at $11.72 on Friday. Liberty Global has a one year low of $9.21 and a one year high of $13.12. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.08 and a current ratio of 1.08. The company has a 50 day moving average price of $11.95 and a 200 day moving average price of $11.34. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of -0.56 and a beta of 0.97.

Hedge Funds Weigh In On Liberty Global

Institutional investors and hedge funds have recently bought and sold shares of the stock. State of Wyoming increased its position in shares of Liberty Global by 34.7% in the second quarter. State of Wyoming now owns 25,526 shares of the company's stock worth $263,000 after acquiring an additional 6,574 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new stake in shares of Liberty Global in the third quarter worth $236,000. Russell Investments Group Ltd. increased its position in shares of Liberty Global by 18.6% in the third quarter. Russell Investments Group Ltd. now owns 18,854 shares of the company's stock worth $222,000 after acquiring an additional 2,954 shares in the last quarter. NorthRock Partners LLC acquired a new stake in shares of Liberty Global in the third quarter worth $187,000. Finally, Raymond James Financial Inc. increased its position in shares of Liberty Global by 15.7% in the third quarter. Raymond James Financial Inc. now owns 13,271 shares of the company's stock worth $156,000 after acquiring an additional 1,796 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company's stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Liberty Global in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Liberty Global currently has a consensus rating of "Sell".

Liberty Global Company Profile

Liberty Global NASDAQ: LBTYK is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company's core services include ultra‐fast broadband, pay television, voice services and mobile offerings.

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