Investing.com - Liberty Global C reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Liberty Global C announced earnings per share of $-0.0543 on revenue of $1.75B. Analysts polled by Investing.com anticipated EPS of $-0.1428 on revenue of $1.76B.
Liberty Global C shares are down 21.64% from the beginning of the year , still down 27.81% from its 52 week high of $30.49 set on Wednesday, October 20, 2021. They are outperforming the Nasdaq which is down 22.26% year to date.
Liberty Global C follows other major Communication Services sector earnings this month
Liberty Global C's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.28 on revenue of $70.04B.
Meta Platforms had missed expectations on Wednesday with second quarter EPS of $2.46 on revenue of $28.82B, compared to forecast for EPS of $2.56 on revenue of $28.94B.
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