Liberty Global PLC reports results for the quarter ended in September - Earnings Summary

Liberty Global

31/10/2023 21:02

* Liberty Global PLC  LBTYA.OQ  reported a quarterly
adjusted loss
of $1.50​​ per share for the quarter ended in September, lower
than the same quarter last year, when the company reported EPS
of 82 cents.The mean expectation of three analysts for the
quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -37 cents to 22 cents per share.
    * Revenue rose 6.2% to $1.85 billion from a year ago;
analysts
expected $1.90 billion. 
    * Liberty Global PLC's reported EPS for the quarter was
$1.57​.
    * The company reported quarterly net income of $659.2
million.
    * Liberty Global PLC shares had fallen by 10.2% this
quarter and
lost 18.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 50%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the integrated
telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Liberty Global
PLC is $23.00 
This summary was machine generated from LSEG data October 31 at
09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.07          -1.50          Missed
 Jun. 30 2023      -0.29          -0.44          Missed
 Mar. 31 2023      -0.26          -0.83          Missed
 Dec. 31 2022      -0.11          -5.06          Missed