Qurate Retail Inc QRTEA.OQ reported a quarterly adjusted loss of 6 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 10 cents. The lone analyst forecast for the quarter was for earnings of 9 cents per share.
Revenue fell 5.4% to $2.34 billion from a year ago; analysts expected $2.42 billion.
Qurate Retail Inc shares had fallen by 21.3% this quarter and lost 45.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the department stores peer group is also "hold"
Wall Street's median 12-month price target for Qurate Retail Inc is 0.64
This summary was machine generated from LSEG data November 8 at 09:48 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.09 | -0.06 | Missed |
Jun. 30 2024 | 0.07 | 0.10 | Beat |
Mar. 31 2024 | 0.04 | 0.04 | Met |
0.22 |
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