-$0.23 Earnings Per Share Expected for Liberty Latin America Ltd (LILA) This Quarter

Brokerages forecast that Liberty Latin America Ltd (NASDAQ:LILA) will report earnings per share of ($0.23) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Liberty Latin America’s earnings. The highest EPS estimate is ($0.18) and the lowest is ($0.27). Liberty Latin America posted earnings per share of ($0.16) during the same quarter last year, which suggests a negative year over year growth rate of 43.8%. The business is scheduled to issue its next quarterly earnings results on Monday, May 14th.

According to Zacks, analysts expect that Liberty Latin America will report full year earnings of ($0.46) per share for the current year, with EPS estimates ranging from ($0.54) to ($0.37). For the next fiscal year, analysts forecast that the company will report earnings of $1.16 per share. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Liberty Latin America.

Liberty Latin America (NASDAQ:LILA) last posted its quarterly earnings data on Wednesday, February 14th. The company reported ($0.42) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.29). The company had revenue of $850.10 million for the quarter.



Several equities research analysts recently weighed in on LILA shares. Morgan Stanley raised shares of Liberty Latin America from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, April 3rd. Royal Bank of Canada set a $25.00 target price on shares of Liberty Latin America and gave the stock a “hold” rating in a report on Friday, February 23rd. Macquarie reissued a “hold” rating and issued a $24.00 target price on shares of Liberty Latin America in a report on Sunday, February 18th. Zacks Investment Research raised shares of Liberty Latin America from a “sell” rating to a “hold” rating in a report on Friday, January 19th. Finally, ValuEngine cut shares of Liberty Latin America from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. Liberty Latin America currently has a consensus rating of “Hold” and an average target price of $25.21.

LILA opened at $19.55 on Monday. Liberty Latin America has a twelve month low of $19.00 and a twelve month high of $27.85.

Several hedge funds have recently bought and sold shares of LILA. Tower Research Capital LLC TRC bought a new position in shares of Liberty Latin America in the fourth quarter worth about $125,000. Wayne Hummer Investments L.L.C. lifted its holdings in shares of Liberty Latin America by 30.8% in the fourth quarter. Wayne Hummer Investments L.L.C. now owns 11,681 shares of the company’s stock worth $235,000 after acquiring an additional 2,750 shares during the last quarter. Scotia Capital Inc. bought a new position in shares of Liberty Latin America in the fourth quarter worth about $254,000. Citadel Advisors LLC bought a new position in shares of Liberty Latin America in the third quarter worth about $263,000. Finally, Virtu Financial LLC bought a new position in shares of Liberty Latin America in the fourth quarter worth about $292,000. 22.49% of the stock is owned by hedge funds and other institutional investors.

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Liberty Latin America Company Profile

Liberty Latin America Ltd. provides various telecommunications services. Its services primarily include video, broadband Internet, fixed-line telephony, and mobile services. The company offers communications and entertainment 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.

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