Liberty Latin America Q2 Sales $1.12B Miss $1.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
Liberty Latin America (NASDAQ:LILAK) reported Q2 sales of $1.12 billion, missing the analyst consensus estimate of $1.15 billion by 2.35 percent. This represents a 7.80 percent decrease compared to the same period last year.
August 08, 2023 | 8:38 pm
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NEGATIVE IMPACT
Liberty Latin America's Q2 sales missed estimates and decreased YoY, which could negatively impact its stock price.
Liberty Latin America's Q2 sales not only missed the analyst consensus estimate but also decreased compared to the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100