Qurate Retail, Inc. Reports First Quarter 2019 Financial Results
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Qurate Retail Group, Inc. (QRTEA) Misses Q1 EPS by 3c, Revenues Miss
May 9, 2019 4:32 PM EDTQurate Retail Group, Inc. (NASDAQ: QRTEA) reported Q1 EPS of $0.35, $0.03 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $3.1 million versus the consensus estimate of $3.25 billion.
Operating results:
Qurate Retail revenue decreased 4% to $3.1 billionRevenue decreased 3% in constant currency(2)eCommerce revenue of $1.8 billion or 59% of total revenueQurate Retail reported diluted EPS of $0.13;... More