The earnings call highlighted strong subscriber growth, successful refinancing, and strategic investments in Peru and 5G technology. However, challenges including the impact of Hurricane Beryl, revenue declines in Puerto Rico, and migration issues tempered the overall positive outlook.
Company Guidance
During Liberty Latin America's Q3 2024 earnings call, the company provided guidance highlighting several key metrics. The company added over 50,000 high-speed broadband and postpaid mobile subscribers year-to-date, with a robust 225,000 adds excluding Puerto Rico. Adjusted OIBDA was reported at $1.2 billion year-to-date, with expectations for performance acceleration in Q4 driven by B2B and anticipated improved results in Puerto Rico. The call also highlighted a successful refinancing of $1 billion in senior notes and ongoing exploration of inorganic growth opportunities, such as an investment in Peru where they have built a significant fiber footprint. The company also discussed operational strategies, such as the launch of 5G in Panama and expansion of their subsea cable system, indicating a strong focus on future growth and enhanced shareholder value.
Subscriber Growth
Liberty Latin America added over 225,000 high-speed broadband and postpaid mobile subscribers year-to-date, excluding Puerto Rico.
Adjusted OIBDA Growth
Reported adjusted OIBDA of $1.2 billion year-to-date, with expectations of acceleration in Q4.
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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LILAK Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2024
$10.24
$8.13
-20.61%
Aug 06, 2024
$10.16
$9.22
-9.25%
May 07, 2024
$8.19
$8.60
+5.01%
Feb 22, 2024
$6.53
$6.06
-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 LiLAC Group (LILAK) report earnings?
Liberty LiLAC Group (LILAK) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Liberty LiLAC Group (LILAK) earnings time?
Liberty LiLAC Group (LILAK) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.