Liberty Global Earnings, Revenue beat In Q1

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Liberty Global Earnings, Revenue beat In Q1
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Investing.com - Liberty Global (NASDAQ: LBTYA ) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Liberty Global announced earnings per share of $1.5 on revenue of $2.88B. Analysts polled by Investing.com anticipated EPS of $-0.24 on revenue of $2.81B. That with comparison to EPS of $-0.41 on revenue of $2.87B in the same period a year before.Liberty Global had reported EPS of $-2.13 on revenue of $2.98B in the previous quarter.Analysts are expecting EPS of $-0.22 and revenue of $2.76B in the upcoming quarter.

Liberty Global shares are down 7% from the beginning of the year and are trading at $21.05 , down-from-52-week-high.They are under-performing the Nasdaq which is down 2.05% year to date.

Liberty Global follows other major Services sector earnings this month

Liberty Global's report follows an earnings missed by Amazon.com on Thursday, April 30, 2020, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.

Visa A had beat expectations on Thursday, April 30, 2020 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.

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

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