Liberty Global (NASDAQ:LBTYB) Announces Earnings Results

Liberty Global (NASDAQ:LBTYB) announced its 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%.The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.33 billion.

Liberty Global Stock Performance

LBTYB stock opened at $11.63 on Friday. The firm has a 50 day moving average of $12.97 and a two-hundred day moving average of $13.17. Liberty Global has a 12 month low of $9.79 and a 12 month high of $29.01. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of -0.73 and a beta of 0.41. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79.

Wall Street Analysts Forecast Growth

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