Liberty Global Earnings Miss, Revenue Inline In Q4

Investing.com – Liberty Global (NASDAQ:) reported on Thursday fourth quarter that missed analysts’ forecasts and revenue that was inline with expectations.

Liberty Global announced earnings per share of $-2.19 on revenue of $2.98B. Analysts polled by Investing.com anticipated EPS of $0.02 on revenue of $2.98B. That with comparison to EPS of $0.03 on revenue of $2.95B in the same period a year before. Liberty Global had reported EPS of $0.22 on revenue of $2.84B in the previous quarter. Analysts are expecting EPS of $-1.24 and revenue of $2.97B in the upcoming quarter.

Liberty Global shares are down 7.17% from the beginning of the year , still down 26.24% from its 52 week high of $28.62 set on July 18, 2019. They are under-performing the Nasdaq which is up 7.44% year to date.

Liberty Global shares gained 0.19% in after-hours trade following the report.

Liberty Global follows other major Services sector earnings this month

Liberty Global’s report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.

Alibaba ADR had beat expectations on Thursday with third quarter EPS of $18.19 on revenue of $161.46B, compared to forecast for EPS of $15.84 on revenue of $158.29B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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