Qurate Retail (QRTEA) got here out with quarterly earnings of $0.42 per share, beating the Zacks Co
Qurate Retail (QRTEA) got here out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.37 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 23.53%. 1 / 4 in the past, it was anticipated that this on-line commerce holding firm would put up earnings of $0.42 per share when it really produced earnings of $0.48, delivering a shock of 14.29%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Qurate Retail, which belongs to the Zacks Web – Commerce business, posted revenues of $3.09 billion for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 0.93%. This compares to year-ago revenues of $3.23 billion. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.
The sustainability of the inventory’s speedy worth motion primarily based on the…