Liberty Latin America (NASDAQ:LILA) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$1.12b (flat on 2Q 2023).

• Net loss: US$42.7m (down by 322% from US$19.2m profit in 2Q 2023).

• US$0.22 loss per share (down from US$0.09 profit in 2Q 2023).

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

Liberty Latin America Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 120%.

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Telecom industry in the US.

Performance of the American Telecom industry.

The company's shares are down 13% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Liberty Latin America's balance sheet.

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