Qurate Retail Third Quarter 2024 Earnings: US$0.06 loss per share (vs US$0.003 profit in 3Q 2023)
Qurate Retail (NASDAQ:QRTE.A) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$2.34b (down 5.4% from 3Q 2023).
- Net loss: US$23.0m (down from US$1.00m profit in 3Q 2023).
- US$0.06 loss per share (down from US$0.003 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Qurate Retail Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Multiline Retail industry in the US.
The company's shares are down 18% from a week ago.
Risk Analysis
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
