Liberty Latin America (LILA) Set to Announce Earnings on Tuesday

Liberty Latin America (NASDAQ:LILA) is scheduled to be releasing its earnings data after the market closes on Tuesday, August 6th.

Liberty Latin America (NASDAQ:LILA) last announced its quarterly earnings results on Tuesday, May 7th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.16). Liberty Latin America had a negative net margin of 0.12% and a negative return on equity of 0.23%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the firm earned ($0.23) EPS. On average, analysts expect Liberty Latin America to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Liberty Latin America Price Performance

Shares of LILA stock traded up $0.14 during trading hours on Wednesday, hitting $10.48. The company had a trading volume of 22,460 shares, compared to its average volume of 402,152. Liberty Latin America has a 12 month low of $5.90 and a 12 month high of $10.50. The company has a debt-to-equity ratio of 3.33, a quick ratio of 1.12 and a current ratio of 1.12. The firm’s fifty day moving average is $9.21 and its 200 day moving average is $7.86. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of -344.55 and a beta of 1.14.

Wall Street Analyst Weigh In

LILA has been the subject of a number of research reports. Scotiabank lowered Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. Barclays reduced their price objective on shares of Liberty Latin America from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 7th. Finally, The Goldman Sachs Group boosted their price target on shares of Liberty Latin America from $8.40 to $9.30 and gave the company a “buy” rating in a report on Tuesday, May 28th.

Insider Buying and Selling

In other news, Director Brendan J. Paddick bought 250,000 shares of the firm’s stock in a transaction on Friday, June 21st. The shares were purchased at an average cost of $8.85 per share, with a total value of $2,212,500.00. Following the acquisition, the director now directly owns 886,108 shares in the company, valued at $7,842,055.80. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, Director Brendan J. Paddick bought 150,000 shares of the business’s stock in a transaction on Monday, June 24th. The shares were purchased at an average cost of $9.10 per share, with a total value of $1,365,000.00. Following the acquisition, the director now owns 1,036,108 shares of the company’s stock, valued at $9,428,582.80. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Brendan J. Paddick purchased 250,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was bought at an average cost of $8.85 per share, with a total value of $2,212,500.00. Following the purchase, the director now owns 886,108 shares of the company’s stock, valued at approximately $7,842,055.80. The disclosure for this purchase can be found here. 11.35% of the stock is currently owned by company insiders.

About Liberty Latin America

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles 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.