Liberty Global Q1 2024 GAAP EPS $1.32 Beats $(0.72) Estimate, Sales $1.945B Beat $1.885B Estimate
Portfolio Pulse from Benzinga Newsdesk
Liberty Global (NASDAQ:LBTYA) reported Q1 2024 earnings of $1.32 per share, surpassing the $(0.72) estimate, marking a 283.33% beat and a 183.02% increase from last year's $(1.59) per share loss. Sales reached $1.945B, exceeding the $1.885B forecast by 3.21% and showing a 4.12% increase from $1.868B in the same period last year.
May 01, 2024 | 8:36 pm
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Liberty Global reported a significant beat on Q1 2024 earnings and sales, with EPS at $1.32 against a $(0.72) estimate and sales of $1.945B against a $1.885B estimate.
The substantial beat on both earnings per share and sales estimates for Liberty Global indicates strong financial health and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 100
RELEVANCE 100