Qurate Retail (NASDAQ:QRTEA) reported its Q1 earnings results on Friday, May 6, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Qurate Retail missed estimated earnings by 40.0%, reporting an EPS of $0.15 versus an estimate of $0.25.
Revenue was down $454.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.19 which was followed by a 2.64% drop in the share price the next day.
Here's a look at Qurate Retail's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.59 | 0.49 | 0.50 | 0.33 |
| EPS Actual | 0.40 | 0.30 | 0.54 | 0.48 |
| Revenue Estimate | 4.15B | 3.37B | 3.38B | 3.14B |
| Revenue Actual | 4.06B | 3.14B | 3.50B | 3.34B |
To track all earnings releases for Qurate Retail visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
