Liberty Global (NASDAQ:LBTYK) Announces Quarterly Earnings Results, Beats Estimates By $1.64 EPS

Liberty Global (NASDAQ:LBTYK) issued its earnings results 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%.

Liberty Global Price Performance

Shares of NASDAQ:LBTYK traded up $0.46 during midday trading on Tuesday, reaching $8.45. 209,162 shares of the company were exchanged, compared to its average volume of 1,434,012. The stock has a market cap of $2.88 billion, a PE ratio of -0.94 and a beta of 0.94. The business’s fifty day moving average is $9.13 and its two-hundred day moving average is $10.72. Liberty Global has a one year low of $7.32 and a one year high of $13.12. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82.

Wall Street Analyst Weigh In

LBTYK has been the topic of a number of recent analyst reports. Wall Street Zen cut Liberty Global from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings raised Liberty Global from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 16th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Liberty Global currently has an average rating of “Sell”.

About Liberty Global

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.