Liberty Global Ltd reports results for the quarter ended June 30 - Earnings Summary

• Liberty Global Ltd LBTYA reported a quarterly adjusted loss of $8.09​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of two analysts for the quarter was for a loss of 38 cents per share. Wall Street expected results to range from -40 cents to -36 cents per share.

• Revenue fell 32.3% to $1.27 billion from a year ago; analysts expected $1.19 billion.

• Liberty Global Ltd's reported EPS for the quarter was a loss of $8.09​.

• The company reported a quarterly loss of $2.79 billion.

• Liberty Global Ltd shares had risen by 0.1% this quarter and lost 21.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 13.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."

• Wall Street's median 12-month price target for Liberty Global Ltd is $12.25, about 18.2% above its last closing price of $10.02

This summary was machine generated from LSEG data August 1 at 01:31 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)