Liberty Latin America reports Q2 operating loss, missing expectations

Reuters
08/07
<a href="https://laohu8.com/S/LILAB">Liberty Latin America</a> reports <a href="https://laohu8.com/S/QTWO">Q2</a> operating loss, missing expectations

Overview

  • Liberty Latin America reports Q2 operating loss of $333 mln, missing analysts' expectations

  • Adjusted OIBDA grows 7% YoY in Q2, driven by cost efficiencies

  • Company plans to separate Liberty Puerto Rico to unlock shareholder value

Outlook

  • Company plans separation of Liberty Puerto Rico to unlock shareholder value

  • Liberty Puerto Rico expected to raise capital using its own assets

  • Company anticipates B2B revenue to drive better momentum in H2

  • Liberty Latin America highlights cost efficiencies as growth driver

Result Drivers

  • SUBSCRIBER GROWTH - Co added 45,000 net organic broadband and postpaid mobile subscribers in Q2, contributing to H1 additions of over 100,000

  • COST EFFICIENCIES - Cost reduction activities across LLA supported 7% YoY rebased Adjusted OIBDA growth in Q2

  • B2B REVENUE IMPACT - YoY rebased revenue growth affected by higher project-related B2B revenue in prior-year period

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$1.09 bln

Q2 Adjusted OIBDA

$415 mln

Q2 Operating Income

Miss

-$333 mln

$133.20 mln (1 Analyst)

Q2 Adjusted Free Cash Flow

-$41 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the wireless telecommunications services peer group is "buy."

  • Wall Street's median 12-month price target for Liberty Latin America Ltd is $6.55, about 9.5% below its August 6 closing price of $7.17

Press Release: ID:nBwc0rmFta

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10