Equities research analysts expect Liberty Global PLC (NASDAQ:LBTYA) to report earnings per share of $0.17 for the current quarter, Zacks reports. Zero analysts have made estimates for Liberty Global’s earnings. Liberty Global posted earnings of ($0.68) per share during the same quarter last year, which indicates a positive year over year growth rate of 125%. The business is expected to report its next quarterly earnings report on Wednesday, February 13th.
According to Zacks, analysts expect that Liberty Global will report full-year earnings of ($0.32) per share for the current year, with EPS estimates ranging from ($1.06) to $0.10. For the next financial year, analysts forecast that the firm will report earnings of $0.46 per share, with EPS estimates ranging from ($0.20) to $1.30. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Liberty Global.
Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Wednesday, November 7th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.83). Liberty Global had a negative return on equity of 36.93% and a negative net margin of 2.06%. The business had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $2.94 billion.
In related news, CFO Charles H. R. Bracken sold 46,054 shares of the company’s stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $27.27, for a total value of $1,255,892.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.93% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Legal & General Group Plc lifted its holdings in Liberty Global by 2.2% in the 3rd quarter. Legal & General Group Plc now owns 897,621 shares of the company’s stock valued at $25,968,000 after acquiring an additional 18,946 shares during the last quarter. Nordea Investment Management AB acquired a new stake in Liberty Global in the 3rd quarter valued at about $270,000. Baupost Group LLC MA acquired a new stake in Liberty Global in the 3rd quarter valued at about $143,412,000. Great Lakes Advisors LLC acquired a new stake in Liberty Global in the 3rd quarter valued at about $1,635,000. Finally, Putnam Investments LLC acquired a new stake in Liberty Global in the 3rd quarter valued at about $7,894,000. 22.23% of the stock is owned by institutional investors.
LBTYA stock traded up $0.63 during trading on Friday, hitting $24.51. 63,127 shares of the company’s stock traded hands, compared to its average volume of 1,949,341. The company has a debt-to-equity ratio of 5.45, a current ratio of 0.36 and a quick ratio of 0.36. Liberty Global has a 52 week low of $22.21 and a 52 week high of $39.73. The firm has a market cap of $18.00 billion, a price-to-earnings ratio of -10.65 and a beta of 1.59.
About Liberty Global
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.
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