Liberty Global (LBTYK) to Release Earnings on Wednesday

Liberty Global (NASDAQ:LBTYK) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Parties that wish to register for the company’s conference call can do so using this link.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings results on Thursday, February 15th. The company reported ($8.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($7.97). Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. The firm had revenue of $1.92 billion during the quarter.

Liberty Global Trading Up 1.4 %

NASDAQ:LBTYK opened at $17.28 on Wednesday. Liberty Global has a 12 month low of $16.26 and a 12 month high of $21.83. The firm has a market cap of $6.52 billion, a price-to-earnings ratio of -1.84 and a beta of 1.13. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. The company’s 50 day moving average is $17.99 and its 200-day moving average is $18.18.

Analysts Set New Price Targets

A number of research firms have recently commented on LBTYK. StockNews.com lowered shares of Liberty Global from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th. TheStreet raised shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Wednesday, January 24th.

Insider Buying and Selling

In related news, Director J David Wargo sold 30,000 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director J David Wargo sold 30,000 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Andrea Salvato sold 32,403 shares of the business’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $17.70, for a total transaction of $573,533.10. Following the transaction, the executive vice president now directly owns 102,286 shares in the company, valued at approximately $1,810,462.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 113,629 shares of company stock valued at $2,046,783. 9.86% of the stock is owned by company insiders.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.