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Mar 31, 2021
Qurate Q1 2021 Earnings Report
Qurate Retail's revenue and profit growth were outstanding across all businesses.
Key Takeaways
Qurate Retail reported a strong first quarter with a 14% increase in revenue to $3.3 billion and adjusted diluted EPS increasing 78% to $0.48. The company saw growth in eCommerce revenue, QxH, QVC International, Zulily, and Cornerstone.
Qurate Retail revenue increased 14% to $3.3 billion.
eCommerce revenue increased 19% to $2.1 billion, representing 61% of total revenue.
Qurate Retail reported diluted EPS of $0.49.
Adjusted diluted EPS increased 78% to $0.48.
Revenue by Segment
Forward Guidance
Qurate Retail estimates that its average annual effective tax rate through 2021 will be in the range of 15-18% including federal, state and foreign taxes, net of tax credits generated by Qurate Retail’s green energy investments. This estimate excludes the impact of one-time items and is subject to adjustment.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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