Qurate Retail, Inc. Reports Second Quarter 2019 Financial Results

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Qurate Retail Group, Inc. (QRTEA) Tops Q2 EPS by 6c

August 7, 2019 5:48 PM EDT

Qurate Retail Group, Inc. (NASDAQ: QRTEA) reported Q2 EPS of $0.48, $0.06 better than the analyst estimate of $0.42. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.11 billion.

Operating results:

Qurate Retail total revenue decreased 4% to $3.1 billionRevenue decreased 3% in constant currency(2)eCommerce revenue comprised $1.8 billion or 59% of total revenueQurate Retail reported $0.28 diluted EPS; $0.48 adjusted diluted EPS(3)QxH... More