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

Liberty Global (NASDAQ:LBTYB) is expected to release its results before the market opens on Friday, July 24th. Analysts expect the company to post earnings of ($0.4778) per share and revenue of $1.3431 billion for the quarter.

Liberty Global (NASDAQ:LBTYB) last released its earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%.

Liberty Global Trading Up 6.8%

LBTYB opened at $13.04 on Friday. The business’s 50 day moving average is $13.36 and its two-hundred day moving average is $13.18. Liberty Global has a 52 week low of $9.79 and a 52 week high of $29.01. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. The firm has a market cap of $4.41 billion, a price-to-earnings ratio of -0.81 and a beta of 0.41.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Liberty Global Company Profile

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.