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

Liberty Global (NASDAQ:LBTYB) released its quarterly earnings results on Friday. The company reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.48) by ($0.59), Zacks reports. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

Liberty Global Stock Down 1.2%

Shares of LBTYB traded down $0.14 during midday trading on Friday, hitting $11.06. The company had a trading volume of 232 shares, compared to its average volume of 5,320. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of -0.69 and a beta of 0.41. The company’s 50 day moving average price is $13.04 and its 200 day moving average price is $13.18. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. Liberty Global has a 52 week low of $9.79 and a 52 week high of $29.01.

Wall Street Analysts Forecast Growth

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