Liberty Latin America (LILAK) Earnings Release Scheduled

Liberty Latin America (NASDAQ:LILAK) is set to announce its quarterly earnings before the market opens on Thursday, February 27. Analysts predict the company will report earnings of $0.15 per share, alongside expected revenues of approximately $1.14 billion for the quarter. Interested individuals can register to join the earnings conference call here.

In its previous earnings report on February 19, Liberty Latin America reported a loss of ($0.90) per share, which fell short of analysts' expectations of $0.15, resulting in a miss of $1.05. The company's financial indicators include a negative return on equity of 27.22% and a negative net margin of 13.02%.

Stock Performance Overview

The stock opened at $7.15 on Thursday. Currently, it has a fifty-day simple moving average of $6.60 and a two-hundred-day simple moving average of $8.07. The company's market capitalization stands at $1.41 billion, with a P/E ratio of -2.44 and a beta of 1.02. The quick ratio and current ratio are both 1.06, while the debt-to-equity ratio is notably high at 4.31. The stock has experienced a 52-week low of $5.88 and a high of $10.93.

Analysts' Insights

Liberty Latin America has recently been analyzed by several research firms. For instance, Scotiabank reduced its price target for the stock from $9.40 to $8.30, maintaining a "sector outperform" rating. Similarly, Goldman Sachs lowered its price estimate from $10.50 to $7.50 and assigned a "neutral" rating to the stock.

Insider Transactions

In recent insider trading news, Director Brendan J. Paddick purchased 5,053 shares of Liberty Latin America on November 29 at an average cost of $6.93 per share, totaling $35,017.29. Following this acquisition, he now holds 1,343,021 shares valued at approximately $9.3 million. This activity resulted in a 0.38% increase in his holdings. Over the last ninety days, insiders have bought a total of 156,298 shares worth about $1.04 million. Overall, insiders own about 9.66% of the company's stock.

About Liberty Latin America

Liberty Latin America Ltd. and its subsidiaries offer various telecommunications services including fixed, mobile, and subsea communications. Their operations are divided into segments such as C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rica. The company provides entertainment and communication services—such as video, broadband internet, fixed-line telephony, and mobile services—to both residential and business customers. Additionally, they offer business solutions that encompass connectivity, data center operations, hosting, and managed services, aiming to serve small to medium-sized enterprises, international corporations, and governmental bodies.

Earnings, Stocks, Market