Liberty Global (NASDAQ:LBTYK – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of ($0.32) by $1.64, Zacks reports. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.71 billion.
Liberty Global Price Performance
NASDAQ:LBTYK opened at $8.43 on Wednesday. The business’s 50-day moving average price is $9.09 and its 200 day moving average price is $10.71. Liberty Global has a 52-week low of $7.32 and a 52-week high of $13.12. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82.
Analysts Set New Price Targets
Several research analysts have recently issued reports on LBTYK shares. Weiss Ratings upgraded shares of Liberty Global from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 16th. Wall Street Zen cut Liberty Global from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.
Get Our Latest Analysis on Liberty Global
Liberty Global Company Profile
Liberty Global plc is an international telecommunications and media company that provides broadband, mobile, television and fixed-line communications services. Through its operating businesses and strategic investments, the company serves residential customers, businesses and public-sector organizations with connectivity, entertainment and communications solutions.
Liberty Global’s principal operating interests include Virgin Media O2, its joint venture with Telefónica in the United Kingdom; Sunrise in Switzerland; and Telenet in Belgium.
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