Liberty Global (LBTYK) Expected to Announce Quarterly Earnings on Tuesday

Liberty Global (NASDAQ:LBTYK) is projected to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of ($0.86) per share and revenue of $1.84 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Liberty Global Price Performance

Shares of NASDAQ:LBTYK opened at $11.31 on Monday. The company has a 50-day simple moving average of $12.48 and a 200-day simple moving average of $16.82. Liberty Global has a one year low of $11.21 and a one year high of $22.14. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of -1.11 and a beta of 1.19.

Insider Activity

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the transaction, the chief financial officer now directly owns 53,312 shares in the company, valued at $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the transaction, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. This trade represents a 77.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 9.86% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Liberty Global in a report on Friday, January 17th. They issued a “hold” rating for the company.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.