Liberty Latin America (LILAK) to Release Earnings on Thursday

Liberty Latin America (NASDAQ:LILAK) is expected to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Liberty Latin America to post earnings of $0.15 per share and revenue of $1.14 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

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

Liberty Latin America Stock Down 2.0 %

Liberty Latin America stock opened at $6.77 on Wednesday. The business has a fifty day moving average of $6.61 and a two-hundred day moving average of $7.98. 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 firm has a market cap of $1.33 billion, a P/E ratio of -2.03 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.

Insider Transactions at Liberty Latin America

In other news, Director Brendan J. Paddick bought 5,053 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were purchased at an average cost of $6.93 per share, with a total value of $35,017.29. Following the transaction, the director now directly owns 1,343,021 shares in the company, valued at approximately $9,307,135.53. The trade was a 0.38 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last three months, insiders have acquired 120,823 shares of company stock valued at $794,142. Corporate insiders own 9.66% of the company’s stock.

Analysts Set New Price Targets

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

About Liberty Latin America

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.