Qurate Retail Inc reports results for the quarter ended in December - Earnings Summary

QVC

01/03/2023 14:33

* Qurate Retail Inc  QRTEA.OQ  reported a quarterly adjusted
loss
of 5 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was
for earnings of 17 cents per share.
    * Revenue fell 13.1% to $3.53 billion from a year ago;
analysts
expected $3.51 billion. 
    * Qurate Retail Inc's reported EPS for the quarter was a
loss
of 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Qurate Retail Inc shares had risen by 29.4% this quarter.
    * The company reported a quarterly loss of $51 million.
    * Wall Street's median 12-month price target for Qurate
Retail Inc
is $1.55 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.17           -0.05          Missed
 Sep. 30 2022      0.07           -0.08          Missed
 Jun. 30 2022      0.14           0.12           Missed
 Mar. 31 2022      0.25           0.15           Missed