Liberty Global (NASDAQ:LBTYB) Issues Quarterly Earnings Results

Liberty Global (NASDAQ:LBTYB) issued its earnings results on Tuesday. The company reported $1.32 EPS for the quarter, topping the consensus estimate of ($0.32) by $1.64, Zacks reports. Liberty Global had a negative return on equity of 25.59% and a negative net margin of 44.40%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.71 billion.

Liberty Global Price Performance

Shares of LBTYB stock traded down $0.31 during trading hours on Thursday, hitting $11.45. 5,975 shares of the company’s stock were exchanged, compared to its average volume of 26,895. Liberty Global has a 12-month low of $10.20 and a 12-month high of $29.01. The company has a market capitalization of $3.91 billion, a PE ratio of -1.55 and a beta of 0.50. The business’s 50 day simple moving average is $12.19 and its 200-day simple moving average is $12.96. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, October 29th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Liberty Global Company Profile

Liberty Global Ltd. is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line telephone, and video businesses. Its services generally include high-speed internet, wireless communications, digital television, streaming and entertainment offerings, and business connectivity solutions.

The company has operations and strategic investments across Europe, including interests in Virgin Media O2 in the United Kingdom, Telenet in Belgium, VodafoneZiggo in the Netherlands, and Sunrise in Switzerland.