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Liberty Global plc - Class A (LBTYA)
NASDAQ:LBTYA
Earnings Data
Report Date
Apr 30, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-3.84Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a constructive strategic update with multiple high-impact transactions (VodafoneZiggo acquisition, Nexfibre/Netomnia deal), meaningful corporate cost reduction (net corporate spend down ~75%), strong refinancing activity (~$15B) and continued focus on unlocking value from the growth portfolio. These material positives are tempered by near-term revenue and EBITDA declines across key operating companies (VMO2, VodafoneZiggo, Telenet), planned incremental investments into network resilience (EUR 100M in 2026), and some refinancing timing uncertainty. Management emphasizes that the transactions materially improve the medium-term equity and free cash flow story (targeting ~ $500M FCF at Ziggo by 2028) and that all OpCos met 2025 guidance, supporting a predominantly positive strategic outlook despite near-term operational headwinds.Company Guidance
Telecom Scale and Financial Footprint
Liberty Telecom (4 national FMC operators) generates ~$22.0B of revenue and ~$8.0B of EBITDA on an aggregate basis; the company reports consolidated cash of $2.2B at year-end and expects to end 2026 with ~ $1.5B of corporate cash pro forma for announced transactions.
Major Strategic Transactions Announced
Agreement to acquire Vodafone's 50% stake in VodafoneZiggo for EUR 1.0B cash plus a 10% equity interest in new Ziggo Group; intention to list Ziggo on Euronext in 2027 and spin off 90% to Liberty Global shareholders. Nexfibre/Substantial Group transaction in the U.K.: Netomnia acquisition (enterprise value GBP 2.0B) to create an 8M home fiber platform by 2027; net payment at closing GBP 1.1B; Nexfibre fully financed with ~GBP 1.0B equity injection and ~GBP 2.7B debt facility.
Value Creation Targets from Deals
Management estimates operational synergies and incremental service revenues from the VodafoneZiggo/Telenet combination at ~EUR 1.0B NPV, targets to reduce combined leverage to ~4.5x and expects to generate ~ $500M of free cash flow by 2028 from the Ziggo Group story.
Corporate Restructuring and Cost Reduction
Net corporate spend reduced by ~75% over the last 12 months; Liberty Services and Corporate delivered negative $130M adjusted EBITDA in 2025, ~ $20M better than the $150M target.
Refinancing and Liquidity Actions
Proactively refinanced ~ $15B across credit silos, extending 2028/2029 maturities and maintaining average tenor around ~5 years; committed EUR 4.35B financing for Wyre (contingent on regulatory approval) to fund fiber carve-out and rebalance Telenet leverage.
Growth Portfolio and Asset Rotation
Liberty Growth fair market value ~ $3.4B with five assets representing ~70% of that value; data center assets (EdgeConneX and AtlasEdge) showing strong top-line growth supporting a >$1.0B year-end valuation; Formula E progressing (Gen4 car) and selective disposal activity ($180M partial ITV stake sale and full exit of Enfabrica).
Cash Returns and Buybacks
Repurchased ~5% of outstanding shares during the year (spent $34M in Q4); total buybacks of ~$15B over the last 9 years, reducing shares outstanding by ~63%.
Operational Momentum and AI Benefits
Management reports commercial and network momentum across OpCos in H2 2025, with AI beginning to deliver tangible benefits (customer service, operations and revenue opportunities); Liberty Blume grew revenue >20% in 2025, achieving >GBP 100M revenue and ~GBP 400M order book.
OpCo Free Cash Flow Delivery
Company stated it delivered against all free cash flow guidance metrics for the year across operating companies and JVs; specific 2026 free cash flow guidance includes VMO2 adjusted FCF ~GBP 200M, VodafoneZiggo adjusted FCF ~EUR 100M (no distributions planned), and Telenet adjusted FCF ~EUR 20M.
LBTYA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LBTYA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 18, 2026 | $11.16 | $13.03 | +16.76% |
Oct 30, 2025 | $10.71 | $10.97 | +2.43% |
Aug 01, 2025 | $10.02 | $10.54 | +5.19% |
May 02, 2025 | $10.88 | $9.64 | -11.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Liberty Global plc - Class A (LBTYA) report earnings?
Liberty Global plc - Class A (LBTYA) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).
What is Liberty Global plc - Class A (LBTYA) earnings time?
Liberty Global plc - Class A (LBTYA) earnings time is at Apr 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LBTYA EPS forecast?
Currently, no data Available