Investing.com – Liberty Global (NASDAQ:LBTYA) reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Liberty Global announced earnings per share of $-0.0543 on revenue of $1.75B. Analysts polled by Investing.com anticipated EPS of $-0.1428 on revenue of $1.76B.
Liberty Global shares are down 21.64% from the beginning of the year, still down 31.72% from its 52 week high of $30.58 set on September 28, 2021. They are outperforming the Nasdaq which is down 22.26% 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 Tuesday, who reported EPS of $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.28 on revenue of $70.04B.
Meta Platforms had missed expectations on Wednesday with second quarter EPS of $2.46 on revenue of $28.82B, compared to forecast for EPS of $2.56 on revenue of $28.94B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Source:investing.com