Liberty Latin America (LILAK) Projected to Post Quarterly Earnings on Thursday

Liberty Latin America (NASDAQ:LILAK) is expected to be announcing its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $1.14 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Liberty Latin America (NASDAQ:LILAK) last posted its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($1.05). The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

Liberty Latin America Trading Up 0.3 %

Shares of NASDAQ LILAK opened at $6.91 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The business has a fifty day simple moving average of $6.61 and a two-hundred day simple moving average of $8.00. The firm has a market cap of $1.36 billion, a PE ratio of -2.07 and a beta of 1.03. Liberty Latin America has a twelve month low of $5.88 and a twelve month high of $10.93.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group decreased their target price on Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a research report on Wednesday, December 4th. Scotiabank decreased their target price on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a research report on Friday, November 8th.

Insider Transactions at Liberty Latin America

In related news, Director Brendan J. Paddick bought 5,053 shares of the stock in a transaction dated Friday, November 29th. The shares were purchased at an average price of $6.93 per share, for a total transaction of $35,017.29. Following the completion of the purchase, the director now directly owns 1,343,021 shares of the company’s stock, valued at $9,307,135.53. This represents a 0.38 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have purchased 120,823 shares of company stock worth $794,142 over the last quarter. 9.66% of the stock is currently owned by insiders.

Liberty Latin America Company Profile

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.