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Liberty Global C (LBTYK)
NASDAQ:LBTYK
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Earnings Data
Report Date
Feb 18, 2025After Close Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.51Last Year’s EPS
-$4.42Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: 16.14%
|Next Earnings Date:Feb 18, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were significant achievements such as the Sunrise spin-off approval and successful asset sales, there were also notable challenges including revenue and EBITDA decline in Virgin Media O2 and negative service revenue trends across multiple markets.Company Guidance
During Liberty Global's third-quarter 2024 investor call, the company outlined significant strategic initiatives aimed at enhancing shareholder value. Key metrics discussed included the pending spinoff of the Swiss subsidiary, Sunrise, scheduled for November 12, with an average analyst valuation of CHF 8.2 billion for Sunrise. This transaction is expected to result in a CHF 3.6 billion equity value, translating to approximately $12 per Liberty share. The company also highlighted its progress in the U.K. with the creation of the second-largest fixed network company, leveraging an existing 17.8 million 1-gig home footprint, and emphasized the positive impacts of strategic transactions, such as the sale of All3Media and VMO2's tower portfolio, which netted significant proceeds. Liberty Global reiterated its commitment to share buybacks, having acquired 8% of shares year-to-date, aiming for a 10% total repurchase by year-end. The call emphasized operational improvements across various markets, including a return to positive broadband additions in the U.K. and strong postpaid mobile performance in Switzerland, setting the stage for continued growth and value creation.Sunrise Spin-off Approval
The spinoff of the Swiss subsidiary, Sunrise, was approved by 99% of the shareholders, with an enterprise value of CHF 8.2 billion.
Asset Sales Success
Liberty Global realized $900 million in asset sales over the last 12 months, with notable transactions including the sale of All3Media at 12x EBITDA and VMO2’s tower portfolio at 17x to 18x EBITDA.
Record Shareholder Remuneration
Liberty Global is on track to repurchase 10% of its shares this year, with shareholder remuneration projected to total nearly $5 billion.
Positive Sunrise Performance
Sunrise saw growth in postpaid mobile net adds and a stable adjusted EBITDA, despite a revenue decline.
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LBTYK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LBTYK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $11.16 | $10.79 | -3.32% |
| Jul 25, 2024 | $10.04 | $10.39 | +3.49% |
| May 01, 2024 | $8.78 | $8.97 | +2.16% |
| Feb 15, 2024 | $10.69 | $9.92 | -7.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Liberty Global C (LBTYK) report earnings?
Liberty Global C (LBTYK) is schdueled to report earning on Feb 18, 2025, After Close Not Confirmed.
What is Liberty Global C (LBTYK) earnings time?
Liberty Global C (LBTYK) earnings time is at Feb 18, 2025, After Close Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LBTYK EPS forecast?
LBTYK EPS forecast for the fiscal quarter 2024 (Q4) is -$0.51.
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