Liberty Global (NASDAQ:LBTYK) Issues Quarterly Earnings Results

Liberty Global (NASDAQ:LBTYK) announced its quarterly earnings results on Tuesday. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.64, Zacks reports. Liberty Global had a negative return on equity of 28.83% and a negative net margin of 62.12%.

Liberty Global Price Performance

LBTYK stock traded up $0.09 during trading hours on Tuesday, hitting $8.07. 480,147 shares of the stock traded hands, compared to its average volume of 1,435,146. The stock has a 50-day simple moving average of $9.13 and a 200 day simple moving average of $10.72. The company has a market cap of $2.75 billion, a P/E ratio of -0.90 and a beta of 0.94. Liberty Global has a one year low of $7.32 and a one year high of $13.12. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82.

Analyst Ratings Changes

LBTYK has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of Liberty Global from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded shares of Liberty Global from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, October 16th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and media company that provides broadband, mobile, television and fixed-line communications services. Through its operating businesses and strategic investments, the company serves residential customers, businesses and public-sector organizations with connectivity, entertainment and communications solutions.

Liberty Global’s principal operating interests include Virgin Media O2, its joint venture with Telefónica in the United Kingdom; Sunrise in Switzerland; and Telenet in Belgium.