Liberty Global Ltd reports results for the quarter ended in March - Earnings Summary

Liberty Global

01/05/2024 22:54

* Liberty Global Ltd  LBTYA.OQ  reported a quarterly
adjusted loss
of 62 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of -83 cents.  The mean expectation of three analysts for the
quarter was for a loss of 50 cents per share. Wall Street
expected results to range from -56 cents to -44 cents per share.
    * Revenue rose 4.1% to $1.95 billion from a year ago;
analysts
expected $1.88 billion. 
    * Liberty Global Ltd's reported EPS for the quarter was
$1.32​.
    * The company reported quarterly net income of $510 million.
    * Liberty Global Ltd shares had fallen by 6.1% this
quarter and
lost 10.6% so far this year.

FORECAST CHANGES
    * 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 9 "strong buy" or "buy," 6
"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
Ltd is $22.65 
This summary was machine generated from LSEG data May 1 at 09:54
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.50          -0.62          Missed
 Dec. 31 2023      -0.24          -4.74          Missed
 Sep. 30 2023      -0.07          -1.50          Missed
 Jun. 30 2023      -0.29          -0.44          Missed