Liberty Global (NASDAQ:LBTYB) Releases Quarterly Earnings Results, Misses Estimates By $0.59 EPS

Liberty Global (NASDAQ:LBTYB) posted its quarterly earnings data on Friday. The company reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.59), Zacks reports. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

Liberty Global Stock Performance

NASDAQ:LBTYB opened at $11.63 on Friday. The business has a 50 day moving average of $12.97 and a 200 day moving average of $13.17. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of -1.30 and a beta of 0.41. Liberty Global has a 1-year low of $9.79 and a 1-year high of $29.01. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Liberty Global Company Profile

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content. The company was founded in 2004 and is headquartered in London, the United Kingdom.