Liberty Global Earnings Beat, Revenue Misses In Q2

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Liberty Global announced earnings per share of $-0.0543 on revenue of $1.75B. Analysts polled by anticipated EPS of $-0.1428 on revenue of $1.76B.

Liberty Global shares are down 21.64% from the beginning of the year, still down 31.72% from its 52 week high of $30.58 set on September 28, 2021. They are outperforming the Nasdaq which is down 22.26% from the start of the year.

Liberty Global’s report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.28 on revenue of $70.04B.

Meta Platforms had missed expectations on Wednesday with second quarter EPS of $2.46 on revenue of $28.82B, compared to forecast for EPS of $2.56 on revenue of $28.94B.

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