Qurate Retail (QRTEA) Set to Announce Quarterly Earnings on Thursday

Posted by Max Byerly on Nov 6th, 2024

Qurate Retail (NASDAQ:QRTEA – Get Free Report) is set to post its quarterly earnings results before the market opens on Thursday, November 7th. Investors that are interested in registering for the company’s conference call can do so using this link.

Qurate Retail (NASDAQ:QRTEA – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.05 EPS for the quarter. The company had revenue of $2.41 billion during the quarter. Qurate Retail had a positive return on equity of 33.57% and a negative net margin of 2.44%.

Qurate Retail Trading Down 2.6 %

QRTEA opened at $0.54 on Wednesday. The stock has a market capitalization of $214.46 million, a PE ratio of -0.83 and a beta of 2.68. The company has a debt-to-equity ratio of 10.65, a current ratio of 1.34 and a quick ratio of 0.90. Qurate Retail has a 12-month low of $0.48 and a 12-month high of $1.80. The firm’s fifty day moving average price is $0.57 and its 200 day moving average price is $0.67.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Qurate Retail in a report on Tuesday, September 17th. They set a “hold” rating for the company.

Check Out Our Latest Stock Analysis on QRTEA

Insider Transactions at Qurate Retail

In other news, insider Renee L. Wilm sold 75,789 shares of the business’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $0.97, for a total transaction of $73,515.33. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 11.80% of the company’s stock.

About Qurate Retail

(Get Free Report)

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.