GCI Liberty Inc Class A (NASDAQ:GLIBA) issued its earnings results on Thursday. The company reported ($0.73) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.62), Morningstar.com reports. The firm had revenue of $210.15 million during the quarter, compared to the consensus estimate of $234.00 million. GCI Liberty Inc Class A had a negative net margin of 81.45% and a negative return on equity of 25.80%.
GCI Liberty Inc Class A stock traded down $1.92 during trading hours on Friday, hitting $46.60. The company had a trading volume of 17,419 shares, compared to its average volume of 548,046. The company has a debt-to-equity ratio of 0.64, a current ratio of 5.63 and a quick ratio of 5.63. GCI Liberty Inc Class A has a one year low of $41.33 and a one year high of $55.47.
GLIBA has been the topic of several research analyst reports. Zacks Investment Research raised shares of GCI Liberty Inc Class A from a “sell” rating to a “hold” rating in a report on Monday, July 30th. B. Riley lowered their price target on shares of GCI Liberty Inc Class A from $70.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, August 2nd.
About GCI Liberty Inc Class A
GCI Liberty, Inc provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions. It also provides cable services; and online invitation and social event planning services, as well as engages in the online lending and real estate business.
Further Reading: Retained Earnings
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