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

QVC

05/05/2023 14:31

* Qurate Retail Inc  QRTEA.OQ  reported a quarterly adjusted
loss
of 5 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 8
cents per share.
    * Revenue fell 8.3% to $2.64 billion from a year ago;
analysts
expected $2.56 billion. 
    * Qurate Retail Inc's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 273.3% 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 fallen by 27.7% this
quarter and
lost 56.2% so far this year.
    * The company reported quarterly net income of $20 million.
    * Wall Street's median 12-month price target for Qurate
Retail Inc
is $0.70 
    * 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 LSEG Refinitiv data May
5 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.08          -0.05          Beat
 Dec. 31 2022      0.17           -0.05          Missed
 Sep. 30 2022      0.07           -0.08          Missed
 Jun. 30 2022      0.14           0.12           Missed