Liberty Latin America Q3 EPS $0.29 Beats $(0.12) Estimate, Sales $1.13B Inline
Portfolio Pulse from Benzinga Newsdesk
Liberty Latin America (NASDAQ:LILA) reported Q3 earnings of $0.29 per share, beating the analyst consensus estimate of $(0.12) by 341.67%. However, this is a 23.68% decrease from the same period last year. The company's quarterly sales of $1.13 billion met the analyst consensus estimate, marking a 7.86% decrease from the same period last year.
November 10, 2023 | 12:00 am
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NEUTRAL IMPACT
Liberty Latin America's Q3 earnings beat estimates significantly, but both earnings and sales are down YoY. This mixed result may lead to uncertain market reactions.
While beating estimates is generally positive for the stock, the YoY decrease in both earnings and sales may concern investors. The mixed result makes it difficult to predict the short-term price direction.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100