Qurate Retail Inc reports results for the quarter ended September 30 - Earnings Summary

QVC

08/11/2024 21:48

* Qurate Retail Inc  QRTEA.OQ  reported a quarterly adjusted
loss
of 6 cents​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of 10 cents.  The lone analyst forecast for the quarter was
for earnings of 9 cents per share. 
    * Revenue fell 5.4% to $2.34 billion from a year ago;
analysts
expected $2.42 billion. 
    * Qurate Retail Inc shares had fallen by 21.3% this
quarter and
lost 45.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the department
stores
peer group is also "hold"

Wall Street's median 12-month price target for Qurate Retail Inc
is 0.64 
This summary was machine generated from LSEG data November 8 at
09:48 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
 Sep. 30 2024      0.09           -0.06          Missed
 Jun. 30 2024      0.07           0.10           Beat
 Mar. 31 2024      0.04           0.04           Met
                                  0.22