Liberty Global (NASDAQ:LBTYB) Releases Earnings Results, Beats Expectations By $1.31 EPS

Key Points

• EPS beat: Liberty Global reported $0.96 EPS for the quarter versus analysts' consensus of ($0.35), beating estimates by $1.31.
• Profitability remains weak: the company showed a negative net margin of 146.30% and a negative return on equity of 58.32%, indicating continued losses despite the headline beat.
• Stock reaction and valuation: LBTYB traded up to $15.63 on Friday (up $0.45) with a market cap of $5.24 billion and a negative price-to-earnings ratio of -0.75, on below-average volume.

Liberty Global (NASDAQ:LBTYB - Get Free Report) released its earnings results on Friday. The company reported $0.96 EPS for the quarter, topping analysts' consensus estimates of ($0.35) by $1.31, Zacks reports. Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%.

Liberty Global Price Performance

Shares of LBTYB stock traded up $0.45 on Friday, reaching $15.63. 7,046 shares of the company were exchanged, compared to its average volume of 49,859. The company has a market cap of $5.24 billion, a price-to-earnings ratio of -0.75 and a beta of 0.30. The business has a 50-day moving average price of $13.74 and a 200 day moving average price of $12.38. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.08 and a current ratio of 1.08. Liberty Global has a 1 year low of $9.15 and a 1 year high of $29.01.

About Liberty Global

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content. The company was founded in 2004 and is headquartered in London, the United Kingdom.

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