Qurate Retail (QRTEA) Set to Announce Earnings on Thursday

Qurate Retail (NASDAQ:QRTEA) is set to release its earnings data before the market opens on Thursday, November 7th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Qurate Retail (NASDAQ:QRTEA) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $2.41 billion for the quarter. Qurate Retail had a negative net margin of 2.44% and a positive return on equity of 33.57%.

Qurate Retail Stock Performance

Shares of NASDAQ:QRTEA opened at $0.53 on Thursday. The company’s 50 day simple moving average is $0.58 and its 200 day simple moving average is $0.69. The stock has a market capitalization of $210.41 million, a price-to-earnings ratio of -0.82 and a beta of 2.67. The company has a debt-to-equity ratio of 10.65, a current ratio of 1.34 and a quick ratio of 0.90. Qurate Retail has a 1 year low of $0.40 and a 1 year high of $1.80.

Insiders Place Their Bets

In other Qurate Retail news, insider Renee L. Wilm sold 75,789 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $0.97, for a total transaction of $73,515.33. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 11.80% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Qurate Retail in a research note on Tuesday, September 17th. They issued a “hold” rating on the stock.

Qurate Retail Company Profile

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.