Liberty Latin America (LILAK) to Release Earnings on Thursday

Liberty Latin America (NASDAQ:LILAK) will likely be releasing its earnings data 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. Persons interested in listening to the company’s earnings conference call can do so using this link.

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

Liberty Latin America Trading Down 2.0 %

Shares of LILAK stock opened at $6.77 on Wednesday. Liberty Latin America has a 12-month low of $5.88 and a 12-month high of $10.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. The stock’s 50-day moving average price is $6.61 and its 200-day moving average price is $7.98. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of -2.03 and a beta of 1.03.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on LILAK. The Goldman Sachs Group reduced their price objective on Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating on the stock in a research note on Wednesday, December 4th. Scotiabank reduced their price objective on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating on the stock in a research note on Friday, November 8th.

Insiders Place Their Bets

In other Liberty Latin America news, Director Brendan J. Paddick bought 5,053 shares of the company’s stock in a transaction on Friday, November 29th. The stock was acquired at an average price of $6.93 per share, for a total transaction of $35,017.29. Following the completion of the transaction, the director now directly owns 1,343,021 shares of the company’s stock, valued at approximately $9,307,135.53. This represents a 0.38 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have purchased 120,823 shares of company stock valued at $794,142 over the last ninety days. 9.66% of the stock is 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.