Edition:
India

Qurate Retail Reports Q3 Adjusted Earnings Per Share $0.37


Friday, 9 Nov 2018 

Nov 9 (Reuters) - Qurate Retail Inc ::QURATE RETAIL, INC. REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.37.Q3 EARNINGS PER SHARE $0.16.Q3 EARNINGS PER SHARE VIEW $0.32 -- THOMSON REUTERS I/B/E/S.QTRLY QURATE RETAIL REVENUE GREW 2% TO $3.2 BILLION.QTRLY QURATE RETAIL ECOMMERCE REVENUE OF $1.9 BILLION, COMPRISING 59% OF TOTAL REVENUE.INCREASED ANNUAL COST SYNERGY ESTIMATES RELATED TO HSNI ACQUISITION BY $120 - $125 MILLION BY 2022.QURATE RETAIL- QTRLY QVC US REVENUE UP 3% AS REPORTED, UP 1% ON COMPARATIVE BASIS EXCLUDING IMPACT OF NEW ACCOUNTING STANDARDS ABOUT CREDIT CARD INCOME.IN Q3, QURATE RETAIL INCURRED $40 MILLION OF SEVERANCE EXPENSE RELATED TO STRATEGIC INITIATIVES.QURATE RETAIL EXPECTS TO REALIZE ABOUT $37 - $44 MILLION OF TOTAL COST SYNERGIES IN 2018. 

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26 Jun 2019