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Liberty Interactive Corporation

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Liberty Interactive reported mixed financial results in the third quarter of 2016 wherein the bottom line outpaced the Zacks Consensus Estimate but the top line missed the same. Liberty Interactive’s QVC division is benefiting from the surge in online sales. The major thrust is expected to come from the growing adoption of high-end smartphones in the U.S. QVC is gradually expanding its presence in developed international markets such as Japan, Germany, Italy, and the U.K., which will enable QVC to achieve a high rate of growth. Liberty Interactive is also highly optimistic about its operations in China. Moreover, international markets provide over 25% of QVC’s yearly revenues. However, persistent global economic crisis, rapid technological changes, foreign exchange risks and intensifying competition remain potent headwinds.

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