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

QVC

04/11/2022 13:31

* Qurate Retail Inc  QRTEA.OQ  reported a quarterly adjusted
loss
of 8 cents​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was
for earnings of 7 cents per share.
    * Revenue fell 12.7% to $2.74 billion from a year ago;
analysts
expected $2.82 billion. 
    * Qurate Retail Inc's reported EPS for the quarter was a
loss of
$7.21​.
    * The mean earnings estimate of analysts had fallen by
about 54.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Qurate Retail Inc shares had risen by 12.4% this
quarter and
lost 70.3% so far this year.
    * The company reported a quarterly loss of $2.75 billion.
    * Wall Street's median 12-month price target for Qurate
Retail Inc
is $2.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
4 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.59           0.40           Missed