Investing.com - Liberty Global (NASDAQ:LBTYA) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Liberty Global announced earnings per share of $0.09 on revenue of $1.92B. Analysts polled by Investing.com anticipated EPS of $0.0476 on revenue of $1.92B.
Liberty Global shares are up 1% from the beginning of the year, still down 7.98% from its 52 week high of $30.58 set on September 28, 2021. They are outperforming the Nasdaq which is down 12.33% from the start of the year.
Liberty Global follows other major Communication Services sector earnings this month
Liberty Global's report follows an earnings beat by Alphabet C on February 1, who reported EPS of $30.69 on revenue of $75.33B, compared to forecasts EPS of $27.8 on revenue of $72.27B.
Meta Platforms had missed expectations on February 2 with fourth quarter EPS of $3.67 on revenue of $33.67B, compared to forecast for EPS of $3.84 on revenue of $33.37B.
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