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Qurate Retail: Q3 Earnings Insights

Benzinga Insights
·1 min read

Shares of Qurate Retail (NASDAQ: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.

View more earnings on QRTEA

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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