Earnings Surprise Are On Cards For Liberty Global plc (NASDAQ:LBTYA)?

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Liberty Global plc (NASDAQ:LBTYA) is set to announce second quarter earning results on Monday 3rd August 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, LBTYA to report 2Q20 income of $ 0.13 per share.

For the full year, analysts anticipate top line of $ 11371.00 million, while looking forward to income of $ 0.04 per share bottom line.

Previous Quarter Performance

Liberty Global plc outlined income for the first quarter of $ 1.50 per share, from the revenue of $ 2,876.00 million. The quarterly earnings decreased 50.00 percent while revenues compared with the same quarter last year.
Street analysts expected . The bottom line results street analysts by $ 0.05 or , at the same time, top line results analysts by $ 251.8 million or .

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of LBTYA was $ 23.41, representing a 53.61 % increase from the 52 week low of $ 15.24 and a 17.8 % decrease over the 52 week high of $ 28.48.

The company has a market capital of $ 13.98 billion and is part of the Communication Services sector and Pay TV industry.

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Recent Analyst recommendations

  • On 18th June 2020, maintained by Benchmark at Buy rating, with $ 36.00 target price.
  • On 10th June 2020, maintained by Deutsche Bank at Buy rating, with $ 38.00 target price.

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes. The company provides entertainment, sports, movies, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels.