Qurate Retail: 4Q Earnings Snapshot
ENGLEWOOD, Colo. (AP) _ Qurate Retail Group, Inc. (QRTEA) on Tuesday reported fourth-quarter profit of $141 million.
On a per-share basis, the Englewood, Colorado-based company said it had profit of 34 cents. Earnings, adjusted for non-recurring costs, came to 68 cents per share.
The online commerce holding company posted revenue of $4.17 billion in the period.
For the year, the company reported a loss of $456 million, or $1.08 per share, swinging to a loss in the period. Revenue was reported as $13.46 billion.
Qurate Retail shares have climbed slightly more than 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.55, a decline of 61% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QRTEA at https://www.zacks.com/ap/QRTEA