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Liberty Global Earnings miss, Revenue Inline In Q4

Published 13/02/2020, 21:28
© Reuters.  Liberty Global Earnings miss, Revenue Inline In Q4
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Investing.com - Liberty Global (NASDAQ:LBTYA) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.

Liberty Global announced earnings per share of $-2.19 on revenue of $2.98B. Analysts polled by Investing.com anticipated EPS of $0.02 on revenue of $2.98B. That with comparison to EPS of $0.03 on revenue of $2.95B in the same period a year before.Liberty Global had reported EPS of $0.22 on revenue of $2.84B in the previous quarter.Analysts are expecting EPS of $-1.24 and revenue of $2.97B in the upcoming quarter.

Liberty Global shares are down 7.17% from the beginning of the year and are trading at $21.15 , down-from-52-week-high.They are under-performing the Nasdaq which is up 7.44% year to date.

Liberty Global shares gained 0.19% in after-hours trade the report.

Liberty Global follows other major Services sector earnings this month

Liberty Global's report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.

Alibaba ADR had beat expectations on Thursday with third quarter EPS of $18.19 on revenue of $161.46B, compared to forecast for EPS of $15.84 on revenue of $158.29B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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