Liberty Latin America Ltd. (LILA) Earnings
Liberty Latin America Ltd. is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $-0.01. LILA has beaten EPS estimates in 5 of its last 12 reported quarters (average surprise -4420.8% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.03 | $-0.11 | -479.3% | $1.1B | -0.8% |
| Feb 18, 2026 | $-0.04 | $-0.04 | +0.0% | $1.2B | +1.4% |
| Nov 5, 2025 | $-0.06 | $0.02 | +132.1% | $1.1B | -2.8% |
| Aug 7, 2025 | $0.01 | $-2.12 | -17335.8% | $1.1B | -1.4% |
| Feb 19, 2025 | $0.19 | $-0.90 | -573.7% | $1.2B | +0.7% |
| Feb 22, 2024 | $-0.04 | $-0.49 | -1300.0% | $1.2B | -0.9% |
| Nov 9, 2023 | $-0.12 | $0.29 | +341.7% | $1.1B | -0.5% |
| Feb 22, 2023 | $0.23 | $0.59 | +160.5% | $1.2B | -0.6% |
| Aug 3, 2022 | $0.09 | $-2.10 | -2433.3% | $1.2B | +1.1% |
| May 4, 2022 | $0.12 | $0.36 | +200.0% | $1.2B | -1.7% |
| Feb 23, 2022 | $0.41 | $-0.51 | -224.4% | $1.3B | +5.9% |
| Nov 2, 2021 | $-0.20 | $0.33 | +265.0% | $1.2B | +0.8% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• C&W credit silo: Q1 revenue flat, adjusted EBITDA down due to hurricane and El Salvador project. • LN: Revenue growth from wholesale business, adjusted EBITDA impacted by direct costs of El Salvador project. • LCR: Undertook comprehensive cost-out program in early days. • LPR: Revenue stabilizing, adjusted EBITDA up due to cost base improvement. • Mentioned adjusted OIBADA, P&E additions, FCF; invested $111 million in P&E additions, 8% less than last year. • Announced intent to dividend 9% cash pay preferred stock of $500 million. • Equity repurchase in Q1, $184 million remaining under authorization. • Joint press release with GCI Liberty, GCI Liberty bought 12 million shares in LLA from Searchlight Capital.
Guidance
• Expect spend to pick up over rest of the year, with $12 million spend in Q1 associated with Jamaican recovery. • Adjusted FCF expected to be highly weighted to later in the year. • Intent to dividend 9% cash pay preferred stock with notional amount of $500 million, aiming to complete before end of Q2. • Expect AI to bring further cost improvements, with an individual appointed to lead AI transformation.
Segment performance
For C&W credit silo: Q1 revenue $631 million, flat year-over-year rebase growth; adjusted EBITDA $282 million, 5% year-over-year rebase decrease. Liberty Networks (LN): Q1 revenue $121 million, 7% rebase growth; adjusted EBITDA $55 million, 5% year-over-year rebase decline. Liberty, Costa Rica (LCR): Q1 revenue $158 million, 4% year-over-year rebase decline; adjusted EBITDA $57 million, 8% year-over-year rebase decline. Residential mobile growth offset by lower residential fixed and B2B revenue. Liberty, Puerto Rico (LPR): Q1 revenue $296 million, 1% decline; adjusted EBITDA $91 million, 12% growth. Revenue stabilizing with mobile and B2B recovery, residential fixed hampered by modest churn increase.
Risks & headwinds
• In Costa Rica, residential fixed revenue decline due to ARPU pressure and lower equipment sales. • In Puerto Rico, residential fixed business hampered by modest increase in churn over past year. • Energy costs could impact, though only about 2% of revenue overall, but will use mitigating strategies.
Analyst Q&A
Q: Congratulations on the results and the dividend. Was curious about pricing phenomena in other markets like Costa Rica and how to provide better value.
A: LLA has been disciplined in managing front book pricing, Costa Rica is an aberration, front book is competitive, will be competitive and focus on market share.
Q: Question on cost structure and impact of energy costs.
A: Very focused on cost, EBITDA and operating free cash flow margins healthy, expect further cost improvements via AI, energy costs only ~2% of revenue, network topology move reduces energy costs, have mitigating strategies for energy increases.