NASDAQ$LILA

Liberty Latin America Ltd. · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported healthy subscriber and Adjusted OIBDA growth and delivered Adjusted FCF before distributions to noncontrolling interests.

Liberty Latin America reported flat revenue but increased operating income and Adjusted OIBDA. The company added 10,600 organic customers and faced challenges in mobile subscribers but saw growth in organic postpaid additions. They also completed the monetization of tower assets across Panama, Jamaica, Puerto Rico, Barbados and the British Virgin Islands, receiving $244 million of proceeds.

  • Generated healthy subscriber and Adjusted OIBDA growth.
  • Delivered Adjusted FCF before distributions to noncontrolling interests of $273 million, 43% higher than the prior year.
  • Over 80% of fixed networks upgraded to enable speeds in excess of 1 Gbps.
  • On-track to achieve mobile customers migration in Puerto Rico and the USVI by the end of April.

Headline financials

Total Revenue

$1.16B

Previous: $1.16B+0.2%
EPS (adj)

-$0.49

Previous: $0.59-183.1%
Adjusted OIBDA

$431.90

No prior period
Adjusted OIBDA Margin

37.1%

No prior period
Property & Equipment Additions

$207.00

No prior period
Capital Expenditures

-$139M

Previous: $225M-161.6%
Net Income

-$103M

Previous: $135M-176.3%
Operating Income

$113M

Previous: $110M+2.7%
Gross Profit

$753M

Previous: $854M-11.8%
Stock-Based Comp

$10.9M

Previous: $10.9M+0.0%

Revenue & EPS history

Liberty Latin America · Revenue · Quarterly

$1.16B

Q4 2023+0.2%vs Q4 2022
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Liberty Latin America anticipates delivering a mid to high single digit Adjusted OIBDA rebased CAGR and aggregate Adjusted FCF before distributions to noncontrolling interests of more than $1 billion over the next three years.

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 2023

Historical avgQ4 2023

+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