Liberty Latin America Ltd. (NASDAQ:LILA) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.05 per share.
For the full year, analysts predict revenues of $ 3799.93 million, while looking forward to loss of $ 2.36 per share.
Previous Quarter Performance
Liberty Latin America Ltd. announced loss for the second quarter of $ 2.16 per share, from the revenue of $ 848.90 million. The consensus estimates are loss of $ 0.26 per share from $ 868.42 million in revenue. The top line results fell short of analysts by $ 19.52 million or 2.25 percent.
Stock Performance
Shares of Liberty Latin America Ltd. traded up $ 0.56 or 5.66 percent on Tuesday, reaching $ 10.45 with volume of 154.20 thousand shares. Liberty Latin America Ltd. has traded high as $ 10.53 and has cracked $ 10.02 on the downward trend
According to the previous trading day, closing price of $ 10.45, representing a 30.99 % increase from the 52 week low of $ 7.55 and a 47.31 % decrease over the 52 week high of $ 18.77.
The company has a market capital of $ 2.01 billion and is part of the Communication Services sector and Pay TV industry.
Recent Analyst recommendations
- On 9th October 2020, upgraded by Morgan Stanley to Overweight from Equal-Weight rating.
- On 9th October 2020, upgraded by Goldman Sachs Group to Buy from Neutral 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.
