Liberty Interactive Corporation (LVNTA) Scheduled to Post Earnings on Thursday
Liberty Interactive Corporation (NASDAQ:LVNTA) is set to post its quarterly earnings results before the market opens on Thursday, November 9th. Analysts expect Liberty Interactive Corporation to post earnings of ($0.13) per share for the quarter.
Liberty Interactive Corporation (NASDAQ:LVNTA) last posted its quarterly earnings results on Tuesday, August 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.22). The business had revenue of $6.00 million during the quarter, compared to analyst estimates of $2.00 million. Liberty Interactive Corporation had a return on equity of 6.65% and a net margin of 653.21%. On average, analysts expect Liberty Interactive Corporation to post $5.1 EPS for the current fiscal year and $-0.32 EPS for the next fiscal year.
Several brokerages have commented on LVNTA. FBR & Co reaffirmed a “buy” rating and issued a $78.00 target price (up previously from $60.00) on shares of Liberty Interactive Corporation in a research note on Monday, August 14th. BidaskClub raised shares of Liberty Interactive Corporation from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. Pivotal Research reaffirmed a “buy” rating and issued a $68.00 target price (up previously from $66.00) on shares of Liberty Interactive Corporation in a research note on Tuesday, August 15th. Finally, ValuEngine downgraded shares of Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Liberty Interactive Corporation has a consensus rating of “Buy” and an average target price of $65.67.
In other Liberty Interactive Corporation news, Director Mark C. Vadon sold 125,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $22.12, for a total value of $2,765,000.00. Following the completion of the sale, the director now owns 597 shares of the company’s stock, valued at $13,205.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Malcolm Ian Grant Gilchrist sold 2,335 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $24.08, for a total transaction of $56,226.80. Following the completion of the sale, the director now directly owns 955 shares of the company’s stock, valued at approximately $22,996.40. The disclosure for this sale can be found here. Insiders sold 602,488 shares of company stock valued at $13,969,298 in the last ninety days.
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Liberty Interactive Corporation Company Profile
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).
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