Liberty Global (LBTYB) Expected to Post Quarterly Earnings on Tuesday

Key Points

• Liberty Global is expected to report quarterly results before the market opens Tuesday, November 3. Analysts forecast a loss of $0.3224 per share and revenue of $1.55 billion.
• The company’s previous quarter fell short of expectations, with a $1.07-per-share loss versus the forecasted $0.48 loss and revenue of $1.17 billion versus the $1.34 billion estimate.
• Shares opened at $11.76, near the lower end of their 52-week range, while the stock carries a consensus “Sell” rating and Liberty Global reports deeply negative profitability metrics.

Liberty Global (NASDAQ:LBTYB - Get Free Report) is anticipated to issue its results before the market opens on Tuesday, November 3rd. Analysts expect the company to announce earnings of ($0.3224) per share and revenue of $1.55 billion for the quarter.

Liberty Global (NASDAQ:LBTYB - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%.

Liberty Global Price Performance

Shares of NASDAQ:LBTYB opened at $11.76 on Tuesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. The company's fifty day moving average price is $12.48 and its 200-day moving average price is $12.95. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of -1.31 and a beta of 0.46. Liberty Global has a one year low of $10.20 and a one year high of $29.01.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Liberty Global in a report on Friday, July 31st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of "Sell".

Liberty Global Company Profile

Liberty Global Ltd. is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line telephone, and video businesses. Its services generally include high-speed internet, wireless communications, digital television, streaming and entertainment offerings, and business connectivity solutions.

The company has operations and strategic investments across Europe, including interests in Virgin Media O2 in the United Kingdom, Telenet in Belgium, VodafoneZiggo in the Netherlands, and Sunrise in Switzerland.

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