Liberty Global (NASDAQ:LBTYK) Posts Earnings Results, Beats Estimates By $1.64 EPS

Liberty Global (NASDAQ:LBTYK) announced its earnings results on Tuesday. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $1.64, Zacks reports. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%.

Liberty Global Stock Performance

Shares of NASDAQ:LBTYK traded up $0.46 during mid-day trading on Tuesday, reaching $8.45. 209,162 shares of the company traded hands, compared to its average volume of 1,434,012. The company’s 50 day moving average price is $9.13 and its 200-day moving average price is $10.72. The firm has a market cap of $2.88 billion, a PE ratio of -0.94 and a beta of 0.94. Liberty Global has a 52 week low of $7.32 and a 52 week high of $13.12. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28.

Analyst Ratings Changes

LBTYK has been the topic of several analyst reports. Wall Street Zen cut shares of Liberty Global from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded Liberty Global from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 16th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that provides broadband, mobile, television and fixed-line communications services. Through its operating businesses and strategic investments, the company serves residential customers, businesses and public-sector organizations with connectivity, entertainment and communications solutions.

Liberty Global’s principal operating interests include Virgin Media O2, its joint venture with Telefónica in the United Kingdom; Sunrise in Switzerland; and Telenet in Belgium.