Liberty Latin America (LILAK) Projected to Post Quarterly Earnings on Thursday

Liberty Latin America (NASDAQ:LILAK) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $1.14 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Liberty Latin America (NASDAQ:LILAK) last announced its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($1.05). Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion.

Liberty Latin America Stock Performance

Shares of LILAK stock opened at $6.91 on Tuesday. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. Liberty Latin America has a fifty-two week low of $5.88 and a fifty-two week high of $10.93. The stock has a 50 day moving average price of $6.61 and a two-hundred day moving average price of $8.00. The company has a market capitalization of $1.36 billion, a P/E ratio of -2.07 and a beta of 1.03.

Wall Street Analyst Weigh In

Several analysts have weighed in on LILAK shares. The Goldman Sachs Group lowered their price objective on Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a research report on Wednesday, December 4th. Scotiabank decreased their target price on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a report on Friday, November 8th.

Insider Activity at Liberty Latin America

In other news, Director Brendan J. Paddick bought 34,256 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were acquired at an average cost of $6.98 per share, with a total value of $239,106.88. Following the completion of the transaction, the director now owns 1,915,768 shares of the company’s stock, valued at approximately $13,372,060.64. This trade represents a 1.82 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have acquired 120,823 shares of company stock valued at $794,142 over the last ninety days. Insiders own 9.66% of the company’s stock.

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.