Liberty Latin America Ltd. (NASDAQ:LILAK) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, LILAK is expected to report 3Q20 loss of $ 0.24 per share from revenue of $ 981.08 million.
For the full year, analysts anticipate top line of $ 3758.56 million, while looking forward to loss of $ 2.19 per share bottom line.
Previous Quarter Performance
Liberty Latin America Ltd. unwinded loss for the second quarter of $ 2.16 per share, from the revenue of $ 848.90 million. According to street consensus, loss of $ 0.38 was expected per share. The bottom line results missed street analysts by $ 1.78 or 468.42 percent.
Stock Performance
Shares of Liberty Latin America Ltd. traded up $ 0.57 or 5.82 percent on Tuesday, reaching $ 10.37 with volume of 770.50 thousand shares. Liberty Latin America Ltd. has traded high as $ 10.45 and has cracked $ 9.82 on the downward trend
According to the previous trading day, closing price of $ 10.37, representing a 31.19 % increase from the 52 week low of $ 7.47 and a 47.84 % decrease over the 52 week high of $ 18.79.
The company has a market capital of $ 1.99 billion and is part of the Communication Services sector and Pay TV industry.
Recent Analyst recommendations
- On 28th September 2020, upgraded by Scotiabank to Sector Perform from Sector Underperform rating.
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. It offers communications and entertainment services, including video, broadband Internet, fixed-line telephony, and mobile 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. The company also operates a sub-sea and terrestrial fiber optic cable network that connects approximately 40 markets.
