Liberty Global (LBTYK) to Release Earnings on Wednesday

Liberty Global (NASDAQ:LBTYK) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 1st. Persons interested in registering for the company’s earnings conference call can do so using this link.

Liberty Global (NASDAQ:LBTYK) last released its earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($7.97). The business had revenue of $1.92 billion for the quarter. Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%.

Liberty Global Stock Up 1.4 %

Shares of Liberty Global stock opened at $17.28 on Wednesday. The firm has a market cap of $6.52 billion, a price-to-earnings ratio of -1.84 and a beta of 1.13. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.30 and a quick ratio of 1.30. Liberty Global has a 52-week low of $16.26 and a 52-week high of $21.83. The stock has a 50-day simple moving average of $17.99 and a 200-day simple moving average of $18.18.

Wall Street Analysts Forecast Growth

LBTYK has been the subject of a number of recent research reports. TheStreet upgraded Liberty Global from a “d+” rating to a “c-” rating in a research note on Wednesday, January 24th. StockNews.com cut Liberty Global from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th.

Insider Transactions at Liberty Global

In other news, Director J David Wargo sold 30,000 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $17.35, for a total transaction of $520,500.00. Following the completion of the transaction, the director now owns 159,632 shares of the company’s stock, valued at approximately $2,769,615.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CAO Jason Waldron sold 11,226 shares of the company’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $19.29, for a total transaction of $216,549.54. Following the sale, the chief accounting officer now owns 70,666 shares in the company, valued at approximately $1,363,147.14. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director J David Wargo sold 30,000 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the transaction, the director now owns 159,632 shares in the company, valued at approximately $2,769,615.20. The disclosure for this sale can be found here. In the last three months, insiders sold 113,629 shares of company stock worth $2,046,783. 9.86% of the stock is owned by company insiders.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.