NASDAQ$LILA
Liberty Latin America Ltd. · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported revenue of $1.1bn and positioned to accelerate financial performance in Q4.
Liberty Latin America reported Q3 2024 results with revenue of $1.1 billion. The company is focused on connecting communities and driving broadband and postpaid mobile penetration. Transformation programs are gaining momentum, and the company expects a strong performance in Q4 driven by B2B growth and recovery in Puerto Rico.
- C&W Caribbean: Flat YoY revenue performance, including $5m negative impact from Hurricane Beryl, and YoY reported and rebased Adj. OIBDA growth of 5%.
- C&W Panama: Strong operating and financial progress with 12,000 broadband and mobile postpaid additions and YoY Adj. OIBDA growth of 17%.
- Liberty Puerto Rico: Turnaround underway with sequential Adj. OIBDA growth and LOOP converged proposition launched in September 2024.
- Liberty Costa Rica: Continued subscriber momentum, with Q3 postpaid net adds 23% higher YoY, and reported Q3 revenue and Adj. OIBDA growth.
Headline financials
Revenue & EPS history
Liberty Latin America · Revenue · Quarterly
$1.09B
Forward guidance
The company plans to deliver a strong performance in the fourth quarter driven by B2B growth and further progress in the recovery of its Puerto Rican operations, and aims to produce its strongest quarter in cash flow generation this year.
Tailwinds
- Strong performance driven by B2B growth
- Further progress in the recovery of Puerto Rican operations
- Aim to produce strongest quarter in cash flow generation this year
- Successful $1bn debt refinancing in C&W credit silo
- Completed acquisition of mobile spectrum and prepaid subscribers in PR & USVI
Headwinds
- No longer expect to achieve a monthly Adj. OIBDA of $45 million by year-end in Puerto Rico
- C&W Caribbean experienced adverse operational impacts from Hurricane Beryl during the quarter
- Churn from the migration in Puerto Rico was higher than anticipated
- Reported revenue declined in Q3 primarily driven by an organic reduction in Liberty Puerto Rico
- Operating income (loss) was ($380 million) for the three months ended September 30, 2024
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.1%
Avg return
Earnings day
-1.2%
Avg return
5 days after
-3.5%
Avg return
30 days after
60%
25 / 42 earnings
Positive
+19.0%
Q2 2023
Best reaction
-29.4%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.3% | -3.2% | -2.8% | |
| Q4 2025 | +3.6% | +4.7% | +1.0% | |
| Q3 2025 | +7.6% | +1.3% | +12.6% | |
| Q1 2025 | -15.1% | -11.5% | -8.7% | |
| Q4 2024 | -5.3% | -5.7% | -6.7% | |
| Q3 2024 | -17.6% | -25.4% | -31.6% | |
| Q2 2024 | -7.3% | -8.1% | -4.0% | |
| Q1 2024 | +5.8% | +2.9% | +10.7% | |
| Q4 2023 | -7.7% | -2.2% | +2.5% | |
| Q3 2023 | +8.9% | +7.9% | +8.3% | |
| Q2 2023 | +19.0% | +13.2% | -3.0% | |
| Q1 2023 | +1.0% | -6.9% | +3.6% | |
| Q4 2022 | +7.6% | +2.3% | -8.1% | |
| Q3 2022 | -10.2% | -2.2% | -14.8% | |
| Q2 2022 | +3.6% | +1.2% | -6.4% | |
| Q1 2022 | -6.5% | -16.1% | -3.0% | |
| Q4 2021 | -3.9% | -6.8% | -11.7% | |
| Q3 2021 | +2.0% | +4.5% | -10.8% | |
| Q2 2021 | +8.0% | +3.7% | +7.2% | |
| Q1 2021 | +2.9% | -0.6% | +2.8% | |
| Q4 2020 | +13.4% | +18.5% | +19.4% | |
| Q3 2020 | -2.0% | +3.6% | +13.3% | |
| Q2 2020 | -9.9% | -2.7% | -3.2% | |
| Q1 2020 | -8.8% | -4.6% | -0.6% | |
| Q4 2019 | +10.3% | +5.0% | -45.3% | |
| Q3 2019 | -0.4% | -6.4% | -12.2% | |
| Q2 2019 | +8.4% | +8.7% | +8.2% | |
| Q1 2019 | -8.5% | -11.0% | -17.5% | |
| Q4 2018 | +2.3% | +2.8% | +6.4% | |
| Q3 2018 | +6.2% | -0.2% | -9.1% | |
| Q2 2018 | -1.2% | -3.1% | +5.9% | |
| Q1 2018 | +2.0% | +2.8% | +5.9% | |
| Q4 2017 | +5.5% | +5.5% | -3.9% | |
| Q3 2017 | +3.3% | +0.8% | -1.0% | |
| Q2 2017 | +1.0% | +2.5% | -3.2% | |
| Q1 2017 | +6.5% | +1.4% | +3.9% | |
| Q4 2016 | +15.2% | +18.9% | +0.9% | |
| Q3 2016 | -29.4% | -25.1% | -22.0% | |
| Q2 2016 | -7.7% | -15.7% | -19.1% | |
| Q1 2016 | +3.5% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2015 | +0.9% | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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