Liberty Global (NASDAQ:LBTYB – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate of ($0.32) by $1.64, Zacks reports. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%.
Liberty Global Stock Up 1.6%
Shares of Liberty Global stock traded up $0.18 during trading on Wednesday, hitting $11.36. The company’s stock had a trading volume of 899 shares, compared to its average volume of 26,951. Liberty Global has a 52 week low of $10.20 and a 52 week high of $29.01. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The company has a fifty day simple moving average of $12.22 and a two-hundred day simple moving average of $12.95. The company has a market capitalization of $3.87 billion, a PE ratio of -1.24 and a beta of 0.50.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, October 29th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has an average rating of “Sell”.
Check Out Our Latest Research Report on LBTYB
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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