Liberty Interactive Corporation (QVCA) Issues Earnings Results
Liberty Interactive Corporation (NASDAQ:QVCA) announced its quarterly earnings data on Tuesday. The company reported $0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.41 by $0.17, MarketWatch Earnings reports. Liberty Interactive Corporation had a net margin of 4.59% and a return on equity of 9.98%.
Liberty Interactive Corporation (QVCA) traded down 9.08% during midday trading on Tuesday, hitting $22.03. 6,293,650 shares of the stock were exchanged. The stock has a market cap of $9.93 billion, a price-to-earnings ratio of 22.16 and a beta of 1.21. Liberty Interactive Corporation has a 52 week low of $17.24 and a 52 week high of $26.92. The firm’s 50-day moving average is $24.10 and its 200 day moving average is $21.63.
ILLEGAL ACTIVITY NOTICE: “Liberty Interactive Corporation (QVCA) Issues Earnings Results” was first reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another domain, it was stolen and reposted in violation of US & international trademark & copyright laws. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/08/08/liberty-interactive-corporation-qvca-issues-earnings-results.html.
QVCA has been the topic of a number of analyst reports. Zacks Investment Research lowered Liberty Interactive Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. FBR & Co reaffirmed an “outperform” rating and issued a $24.00 price objective (up previously from $22.00) on shares of Liberty Interactive Corporation in a report on Friday, April 21st. Aegis lifted their price objective on Liberty Interactive Corporation from $31.00 to $33.00 and gave the company a “buy” rating in a report on Friday, July 7th. Maxim Group lifted their price objective on Liberty Interactive Corporation from $36.00 to $39.00 and gave the company a “buy” rating in a report on Wednesday, May 10th. Finally, BidaskClub raised Liberty Interactive Corporation from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $29.27.
About Liberty Interactive Corporation
Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).
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.