Brokerages Anticipate Liberty Interactive Corporation (QVCA) Will Announce Earnings of $0.47 Per Share

Brokerages expect that Liberty Interactive Corporation (NASDAQ:QVCA) will announce earnings per share (EPS) of $0.47 for the current quarter, according to Zacks. Three analysts have made estimates for Liberty Interactive’s earnings, with estimates ranging from $0.47 to $0.48. Liberty Interactive reported earnings of $0.40 per share in the same quarter last year, which indicates a positive year over year growth rate of 17.5%. The firm is scheduled to report its next quarterly earnings report on Tuesday, February 27th.

According to Zacks, analysts expect that Liberty Interactive will report full year earnings of $1.17 per share for the current year, with EPS estimates ranging from $1.15 to $1.19. For the next fiscal year, analysts expect that the company will post earnings of $1.36 per share, with EPS estimates ranging from $1.20 to $1.50. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Liberty Interactive.

A number of equities analysts have weighed in on QVCA shares. Aegis upped their price objective on shares of Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, November 17th. ValuEngine upgraded shares of Liberty Interactive from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub upgraded shares of Liberty Interactive from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. Zacks Investment Research lowered shares of Liberty Interactive from a “hold” rating to a “sell” rating in a report on Tuesday, September 19th. Finally, UBS Group upped their target price on shares of Liberty Interactive from $27.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $29.50.

In other Liberty Interactive news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $26.38, for a total transaction of $99,320.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark C. Vadon sold 679,997 shares of the stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $22.74, for a total transaction of $15,463,131.78. The disclosure for this sale can be found here. Insiders sold 1,288,215 shares of company stock valued at $29,575,678 in the last three months. 10.68% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of QVCA. Atlantic Trust Group LLC increased its stake in Liberty Interactive by 4.2% in the third quarter. Atlantic Trust Group LLC now owns 188,473 shares of the company’s stock valued at $4,443,000 after purchasing an additional 7,531 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in Liberty Interactive by 3.8% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 2,073,250 shares of the company’s stock valued at $48,867,000 after buying an additional 74,954 shares during the last quarter. Gofen & Glossberg LLC IL grew its position in Liberty Interactive by 30.6% in the 3rd quarter. Gofen & Glossberg LLC IL now owns 37,301 shares of the company’s stock valued at $879,000 after buying an additional 8,742 shares during the last quarter. California Public Employees Retirement System grew its position in Liberty Interactive by 1.8% in the 3rd quarter. California Public Employees Retirement System now owns 1,197,510 shares of the company’s stock valued at $28,225,000 after buying an additional 21,148 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in Liberty Interactive in the 3rd quarter valued at $1,059,000. 97.02% of the stock is currently owned by institutional investors and hedge funds.

Liberty Interactive (QVCA) traded down $0.40 during trading hours on Friday, reaching $25.34. 2,946,880 shares of the company’s stock were exchanged, compared to its average volume of 3,190,603. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73. The firm has a market capitalization of $15,960.00, a PE ratio of 22.83, a PEG ratio of 1.66 and a beta of 1.33. Liberty Interactive has a 52 week low of $17.24 and a 52 week high of $26.79.

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Liberty Interactive Company Profile

Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).

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Earnings History and Estimates for Liberty Interactive (NASDAQ:QVCA)

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