Liberty Interactive Corporation (LVNTA) Releases Earnings Results, Misses Expectations By $0.22 EPS
Liberty Interactive Corporation (NASDAQ:LVNTA) announced its quarterly earnings data on Tuesday. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by $0.22, Bloomberg Earnings reports. Liberty Interactive Corporation had a net margin of 416.61% and a return on equity of 10.44%.
Liberty Interactive Corporation (NASDAQ:LVNTA) traded up 0.746% on Tuesday, reaching $60.075. 517,015 shares of the company’s stock traded hands. Liberty Interactive Corporation has a 52-week low of $36.09 and a 52-week high of $61.37. The firm’s 50-day moving average is $53.77 and its 200 day moving average is $49.27. The stock has a market capitalization of $5.13 billion, a PE ratio of 6.028 and a beta of 1.02.
A number of equities research analysts recently weighed in on LVNTA shares. Pivotal Research boosted their price objective on shares of Liberty Interactive Corporation from $58.00 to $66.00 and gave the company a “buy” rating in a research report on Tuesday, July 4th. BidaskClub cut shares of Liberty Interactive Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, ValuEngine cut shares of Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $55.25.
About Liberty Interactive Corporation
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).
Receive News & Ratings for Liberty Interactive Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Interactive Corporation and related companies with MarketBeat.com's FREE daily email newsletter.