NASDAQ$LILA

Liberty Latin America Ltd. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported strong operational execution and financial performance.

Liberty Latin America reported a successful year with double-digit revenue growth driven by acquisitions and 4% rebased growth. The company added or upgraded approximately 750,000 homes passed and over 250,000 RGUs. Mobile operations delivered strong performance with nearly 500,000 subscribers added.

  • Record mobile and solid fixed additions in year.
  • FY 2021 double-digit revenue growth driven by acquisitions, 4% rebased growth
  • Approximately 750,000 homes passed or upgraded in 2021; 99% fiber-to-the-home.
  • Strategic acquisitions with significant synergies to enhance future performance.

Headline financials

Total Revenue

$1.28B

Previous: $1.1B+16.6%
EPS (adj)

-$1.16

Previous: -$0.12-866.7%
Mobile Subscribers

7.5M

Previous: 4.5M+69.4%
Capital Expenditures

$257M

Previous: $188M+36.6%
Free Cash Flow

$41.5M

Previous: -$38.9M+206.7%
Net Income

-$611M

Previous: -$29M-2005.2%
Operating Income

-$412M

Previous: $103M-500.0%
Gross Profit

$936M

Previous: $831M+12.6%
Cash & Equivalents

$957M

Previous: $894M+7.0%
Total Assets

$15.4B

Previous: $15.1B+1.9%
Stock-Based Comp

$29.2M

Previous: $22.2M+31.5%

Revenue & EPS history

Liberty Latin America · Revenue · Quarterly

$1.28B

Q4 2021+16.6%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Liberty Latin America provided 2022 financial guidance.

Tailwinds

  • P&E additions as a percentage of revenue at ~18%
  • Adding or upgrading ~600,000 homes passed
  • Adjusted FCF guidance of ~$250 million; ~25% YoY reported growth
  • Deliver further operational enhancements and financial growth
  • Focused on driving Adjusted Free Cash Flow for the group

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro