Liberty Latin America (LILAK) to Release Earnings on Thursday

Liberty Latin America (NASDAQ:LILAK) is projected to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Liberty Latin America to post earnings of $0.15 per share and revenue of $1.14 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Liberty Latin America (NASDAQ:LILAK) last issued its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($1.05). Liberty Latin America had a negative return on equity of 27.22% and a negative net margin of 13.02%.

Liberty Latin America Stock Performance

Shares of NASDAQ:LILAK opened at $7.15 on Thursday. The firm has a fifty day simple moving average of $6.60 and a two-hundred day simple moving average of $8.07. The stock has a market capitalization of $1.41 billion, a P/E ratio of -2.44 and a beta of 1.02. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. Liberty Latin America has a 52 week low of $5.88 and a 52 week high of $10.93.

Wall Street Analyst Weigh In

LILAK has been the subject of a number of research analyst reports. Scotiabank decreased their price objective on shares of Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a report on Friday, November 8th. The Goldman Sachs Group reduced their price target on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a report on Wednesday, December 4th.

Insider Buying and Selling at Liberty Latin America

In other news, Director Brendan J. Paddick bought 5,053 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average cost of $6.93 per share, for a total transaction of $35,017.29. Following the purchase, the director now directly owns 1,343,021 shares in the company, valued at approximately $9,307,135.53. This trade represents a 0.38 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders acquired 156,298 shares of company stock worth $1,043,886. Company insiders own 9.66% of the company’s stock.

About Liberty Latin America

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles 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.