Liberty World Earnings Miss, Income Beats In Q1 By


© Reuters. Liberty Global Earnings Miss, Revenue Beats In Q1 – Liberty Global (NASDAQ:) reported on Tuesday first quarter that missed analysts’ forecasts and revenue that topped expectations.

Liberty Global announced earnings per share of $0.069 on revenue of $1.85B. Analysts polled by anticipated EPS of $0.416 on revenue of $1.84B.

Liberty Global shares are down 21% from the beginning of the year, still down 28.45% from its 52 week high of $30.58 set on September 28, 2021. They are outperforming the Nasdaq which is down 24.97% from the start of the year.

Liberty Global follows other major Communication Services sector earnings this month

Liberty Global’s report follows an earnings missed by Alphabet C on April 26, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.59 on revenue of $68.06B.

Meta Platforms had beat expectations on April 27 with first quarter EPS of $2.72 on revenue of $27.91B, compared to forecast for EPS of $2.56 on revenue of $28.28B.

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