Liberty Latin America Q2 revenue, OIBDA rise on subscriber growth despite hurricane hit
LILA•Analyst coverage
The current average analyst rating on the shares is hold and the breakdown of recommendations is 1 strong buy or buy, 2 hold and no sell or strong sell.
The average consensus recommendation for the wireless telecommunications services peer group is hold.
Wall Street's median 12-month price target for Liberty Latin America Ltd. is $7.00, about 16.5% below its August 4 closing price of $8.38.
Q2 revenue and OIBDA rise
Latin America communications provider's Q2 revenue rose 1% yr/yr to $1.1 bln.
Adjusted OIBDA for Q2 grew 5% yr/yr, aided by cost-saving initiatives and segment expansion.
| Metric | Actual |
|---|---|
| Q2 Revenue | $1.10 bln |
| Q2 Adjusted OIBDA | $436 mln |
| Q2 Adjusted Free Cash Flow | $58 mln |
| Q2 Operating Income | $181 mln |
Outlook and capital returns
Liberty Latin America expects cost initiatives to drive Adjusted OIBDA margin expansion.
