Liberty Global (NASDAQ:LBTYB) Issues Earnings Results

Liberty Global (NASDAQ:LBTYB) announced its quarterly earnings results on Tuesday. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of ($0.32) by $1.64, Zacks reports. Liberty Global had a negative return on equity of 28.82% and a negative net margin of 62.11%.

Liberty Global Trading Down 0.9%

Shares of LBTYB stock traded down $0.10 during trading hours on Tuesday, hitting $10.90. 311 shares of the company were exchanged, compared to its average volume of 27,267. Liberty Global has a fifty-two week low of $10.20 and a fifty-two week high of $29.01. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a market cap of $3.72 billion, a P/E ratio of -1.22 and a beta of 0.46. The company has a 50 day simple moving average of $12.28 and a two-hundred day simple moving average of $12.95.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has an average rating of “Sell”.

Liberty Global Company Profile

Liberty Global Ltd. is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line telephone, and video businesses. Its services generally include high-speed internet, wireless communications, digital television, streaming and entertainment offerings, and business connectivity solutions.

The company has operations and strategic investments across Europe, including interests in Virgin Media O2 in the United Kingdom, Telenet in Belgium, VodafoneZiggo in the Netherlands, and Sunrise in Switzerland.