Liberty Global (LBTYB) to Release Quarterly Earnings on Friday

Liberty Global (NASDAQ:LBTYB) is expected to be posting its results before the market opens on Friday, July 24th. Analysts expect the company to post earnings of ($0.4778) per share and revenue of $1.3431 billion for the quarter.

Liberty Global (NASDAQ:LBTYB) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

Liberty Global Stock Down 8.0%

Shares of LBTYB stock opened at $11.37 on Wednesday. The stock’s 50-day simple moving average is $13.17 and its 200-day simple moving average is $13.18. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market capitalization of $3.84 billion, a PE ratio of -0.71 and a beta of 0.41. Liberty Global has a fifty-two week low of $9.79 and a fifty-two week high of $29.01.

Wall Street Analyst Weigh In

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

About Liberty Global

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.