Liberty Global Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

In This Article:

Liberty Global (NASDAQ:LBTY.A) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$1.94b (up 4.4% from 3Q 2023).

  • Net loss: US$1.43b (down by 318% from US$659.2m profit in 3Q 2023).

  • US$3.95 loss per share (down from US$1.59 profit in 3Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Liberty Global Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Telecom industry in the US.

Performance of the American Telecom industry.

The company's shares are down 3.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Liberty Global (1 shouldn't be ignored!) that we have uncovered.

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