Liberty Global plc (LBTYA) is scheduled to release its second quarter 2015 results after the close on Tuesday, August 4. The London-based provider of broadband Internet is expected to report revenue of $4.58 billion. Similarly, the EPS is projected at $0.05. A year ago, Liberty Global posted a loss of ($0.32) per share vs. consensus for a profit of $0.06 per share.
As a quick reminder, LBTYA reported 1Q/15 EPS of ($0.61), $0.02 better than the Street’s consensus estimate of ($0.59). Revs fell 0.66% year-over-year to $4.50 billion (from $4.53 billion) versus the $4.58 billion consensus.
Liberty Global is currently valued at $46.76 billion.The name has a high Wall Street price target of $70, which reflects a return potential of 32% over the last closing price of the stock.
Liberty shares have declined 3.69% in the last 4 weeks and 1.22% in the past three months. Over the past 5 trading sessions the stock has gained 0.98%. Shares of Liberty Global plc are up 4.48% year-to-date.