Liberty Latin America (LILA) Set to Announce Quarterly Earnings on Wednesday

Liberty Latin America (NASDAQ:LILA) is scheduled to announce its earnings results after the market closes on Wednesday, November 7th.

Liberty Latin America (NASDAQ:LILA) last posted its quarterly earnings results on Wednesday, August 8th. The company reported ($0.25) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.20). The business had revenue of $922.10 million during the quarter. On average, analysts expect Liberty Latin America to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

LILA stock opened at $18.62 on Tuesday. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of -45.32 and a beta of 1.62. Liberty Latin America has a twelve month low of $16.88 and a twelve month high of $24.00.

In other Liberty Latin America news, insider Balan Nair bought 110,000 shares of Liberty Latin America stock in a transaction dated Friday, August 24th. The stock was bought at an average cost of $18.14 per share, for a total transaction of $1,995,400.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Christopher J. Noyes bought 20,000 shares of Liberty Latin America stock in a transaction dated Wednesday, August 22nd. The shares were acquired at an average price of $17.93 per share, with a total value of $358,600.00. The disclosure for this purchase can be found here. Insiders have bought a total of 234,303 shares of company stock valued at $4,276,304 over the last quarter. 8.40% of the stock is currently owned by corporate insiders.

A number of research analysts have weighed in on LILA shares. Zacks Investment Research upgraded Liberty Latin America from a “strong sell” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Wednesday, August 22nd. Buckingham Research reduced their target price on Liberty Latin America from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, August 16th. ValuEngine upgraded Liberty Latin America from a “sell” rating to a “hold” rating in a research note on Monday, September 17th. Finally, Macquarie reiterated a “hold” rating and set a $24.00 target price on shares of Liberty Latin America in a research note on Thursday, July 19th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. Liberty Latin America currently has an average rating of “Hold” and an average target price of $23.40.

WARNING: “Liberty Latin America (LILA) Set to Announce Quarterly Earnings on Wednesday” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this article can be read at https://www.dispatchtribunal.com/2018/11/06/liberty-latin-america-lila-set-to-announce-quarterly-earnings-on-wednesday.html.

Liberty Latin America Company Profile

Liberty Latin America Ltd. provides various telecommunications services. Its services primarily include video, broadband Internet, fixed-line telephony, and mobile services. The company offers communications and entertainment 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.

Featured Article: Why investors pay attention to retained earnings

Earnings History for Liberty Latin America (NASDAQ:LILA)

Receive News & Ratings for Liberty Latin America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Latin America and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply