Qurate Retail Group, Inc. (QRTEA) Tops Q3 EPS by 5c, Revenues Beat

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Qurate Retail, Inc. Reports Third Quarter 2018 Financial Results

November 9, 2018 8:15 AM EST

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (Qurate Retail) (Nasdaq: QRTEA, QRTEB) today reported third quarter 2018 results. Highlights include(1):

Third quarter operating results:

Qurate Retail revenue grew 2% to $3.2 billion Qurate Retail eCommerce revenue of $1.9 billion, comprising 59% of total revenue Qurate Retail reported EPS of $0.16 and adjusted EPS(2) of $0.37 QVC US revenue up 3% as reported, up 1% on a comparative basis excluding impact of new accounting standards regarding credit card income QVC International revenue up 1% as reported, up 2% in constant... More