Liberty Latin America (LILA) to Release Earnings on Wednesday

Liberty Latin America (NASDAQ:LILA) is set to release its earnings data after the market closes on Wednesday, November 7th.

Liberty Latin America (NASDAQ:LILA) last issued its earnings results on Wednesday, August 8th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.20). The firm had revenue of $922.10 million for the quarter. On average, analysts expect Liberty Latin America to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Liberty Latin America stock opened at $17.57 on Wednesday. Liberty Latin America has a 12-month low of $16.88 and a 12-month high of $24.00. The firm has a market capitalization of $2.94 billion, a PE ratio of -42.90 and a beta of 1.62.

Several brokerages have recently issued reports on LILA. Buckingham Research lowered their target price on shares of Liberty Latin America from $30.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, August 16th. Macquarie reiterated a “hold” rating and set a $24.00 price target on shares of Liberty Latin America in a research note on Thursday, July 19th. Zacks Investment Research cut shares of Liberty Latin America from a “buy” rating to a “hold” rating in a research note on Tuesday, October 9th. Finally, ValuEngine upgraded shares of Liberty Latin America from a “sell” rating to a “hold” rating in a research note on Monday, September 17th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. Liberty Latin America has a consensus rating of “Hold” and a consensus price target of $23.40.

In other Liberty Latin America news, insider Balan Nair purchased 110,000 shares of the firm’s stock in a transaction that occurred on Friday, August 24th. The stock was purchased at an average price of $18.14 per share, for a total transaction of $1,995,400.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Christopher J. Noyes purchased 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 22nd. The shares were acquired at an average price of $17.93 per share, with a total value of $358,600.00. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 234,303 shares of company stock valued at $4,276,304. 8.40% of the stock is owned by company insiders.

About Liberty Latin America

Liberty Latin America Ltd. provides various telecommunications services. Its services primarily include video, broadband Internet, fixed-line telephony, and mobile services. The company offers communications and entertainment services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.

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Earnings History for Liberty Latin America (NASDAQ:LILA)

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