Liberty Global Earnings beat, Revenue misses In Q2

  • Investing.com
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Liberty Global Earnings beat, Revenue misses In Q2
Credit: © Reuters.

Investing.com - Liberty Global (NASDAQ: LBTYA ) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Liberty Global announced earnings per share of $-0.0543 on revenue of $1.75B. Analysts polled by Investing.com anticipated EPS of $-0.1428 on revenue of $1.76B.

Liberty Global shares are down 24% from the beginning of the year and are trading at $20.88 , down-from-52-week-high.They are under-performing the Nasdaq which is down 22.26% from the start of the year.

Liberty Global follows other major Communication Services sector earnings this month

Liberty Global's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.28 on revenue of $70.04B.

Meta Platforms had missed expectations on Wednesday with second quarter EPS of $2.46 on revenue of $28.82B, compared to forecast for EPS of $2.56 on revenue of $28.94B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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