Liberty Latin America Cl A (LILA) said after close Thursday that it lost $0.21 per share in quarter four 2023.
On the revenue line, the company reported $1.2 billion, missing estimates by $6 million.
In the same quarter a year ago, the company earned $0.59 per share on revenue of $1.2 billion.
The stock is down 2.63% to $6.30 after the report.
Despite revenues increasing, earnings decreased, signaling a decline in profit margins.
The average recommendation from Wall Street analysts was a Buy which may get revised based on this new data.
InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.
Prior to the report, InvestorsObserver gave the stock an overall score of 29. Meanwhile, the average Wall Street analyst rated the stock a Buy.
Liberty Latin America Ltd is a telecommunications company. It is a provider of video, broadband internet, fixed-line telephony and mobile services to residential and business customers. The company's reportable segments include C&W Caribbean and Networks, C&W Panama, VTR, Liberty Puerto Rico and Costa Rica.
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Liberty Latin America Cl A Down 2.63% To $6.30 After Earnings Miss
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