Liberty Latin America Q2 2024 GAAP EPS $(0.22) Misses $(0.11) Estimate, Sales $1.118B Miss $1.139B Estimate
Portfolio Pulse from Benzinga Newsdesk
Liberty Latin America (NASDAQ:LILAK) reported Q2 2024 GAAP EPS of $(0.22), missing the $(0.11) estimate by 100%. Sales were $1.118B, missing the $1.139B estimate by 1.86%. This represents a 0.45% decrease from the same period last year.
August 06, 2024 | 9:11 pm
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NEGATIVE IMPACT
Liberty Latin America reported Q2 2024 GAAP EPS of $(0.22), missing the $(0.11) estimate by 100%. Sales were $1.118B, missing the $1.139B estimate by 1.86%. This represents a 0.45% decrease from the same period last year.
The significant miss on both EPS and sales estimates, along with a year-over-year sales decline, is likely to negatively impact LILAK's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100