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LBTYA Drops 3% After Q3 Earnings: What Should Investors Do?
LBTYALiberty .(LBTYA) ZACKS·2024-10-31 13:55

Liberty Global's (LBTYA) shares dipped 3%, at close, after the third quarter of 2024 earnings release on Oct. 30. LBTYA has gained 12.6% year to date (YTD), underperforming the Zacks Computer and Technology sector, the Zacks Wireless National industry and the S&P 500 index's return of 27.6%, 26.1% and 22.5%, respectively. LBTYA's loss from continuing operations in the third quarter of 2024 amounted to $1.4 billion against a profit of $822 million in the year-ago quarter. Revenues increased 1.4% year over ye ...