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

Liberty Global (NASDAQ:LBTYB) announced its quarterly earnings data on Friday. The company reported ($1.07) earnings per share for the quarter, missing analysts’ consensus estimates 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 Price Performance

Shares of Liberty Global stock traded down $0.14 on Friday, hitting $11.06. 232 shares of the company traded hands, compared to its average volume of 5,320. Liberty Global has a 52 week low of $9.79 and a 52 week high of $29.01. The business has a 50-day simple moving average of $13.04 and a 200 day simple moving average of $13.18. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market capitalization of $3.74 billion, a P/E ratio of -0.69 and a beta of 0.41.

Analysts Set New Price Targets

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