Shares of Qurate Retail QRTEA rose 4.1% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share increased 35.71% year over year to $0.57, which beat the estimate of $0.44.
Revenue of $3,383,000,000 higher by 9.52% from the same period last year, which beat the estimate of $3,250,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
Company's 52-week high was at $12.54
52-week low: $3.01
Price action over last quarter: down 30.71%
Company Overview
Qurate Retail Inc through its subsidiaries is engaged in the video and online commerce industries. Its segments include QxH - QVC U.S. and HSN markets and sells a wide variety of consumer products using its televised shopping programs and via the Internet through their websites and mobile applications, which generates most of its revenue & QVC International and Zulily. Its retail brands include QVC, HSN, Zulily, Ballard Designs, Frontgate, Garnet Hill, Grandin Road, and RyllaceTM, all dedicated to providing a Third Way to Shop, beyond transactional eCommerce or traditional brick-and-mortar stores. It also involved in mobile commerce and social commerce. It operates in North America, Europe and Asia.
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