Qurate Retail Group, Inc. (QRTEA) Misses Q4 EPS by 11c

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Qurate Retail, Inc. Reports Fourth Quarter and Year End 2018 Financial Results

February 27, 2019 4:45 PM EST

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

Fourth quarter and full year 2018 operating results:

Qurate Retail revenue grew 1% to $4.4 billion in Q4 and grew 2% to $14.1 billion in full year 2018 eCommerce revenue of $2.7 billion or 62% of total revenue in Q4 and $8.3 billion or 59% of total revenue in full year 2018 Qurate Retail reported diluted EPS of $0.61 in Q4 and $1.45 in full year 2018 Adjusted EPS(2) of $0.62 in Q4 and $1.86 in full year 2018... More