Liberty Global (NASDAQ:LBTYB) Releases Earnings Results, Beats Expectations By $1.64 EPS

Liberty Global (NASDAQ:LBTYB) announced its earnings results on Tuesday. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.32) by $1.64, Zacks reports. Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%.

Liberty Global Price Performance

Liberty Global stock traded down $0.10 during mid-day trading on Tuesday, reaching $10.90. 311 shares of the company were exchanged, compared to its average volume of 27,267. The company has a fifty day simple moving average of $12.28 and a 200-day simple moving average of $12.95. Liberty Global has a 12 month low of $10.20 and a 12 month high of $29.01. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market cap of $3.72 billion, a PE ratio of -1.22 and a beta of 0.46.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Liberty Global 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.