09:49 AM EDT, 05/08/2024 (MT Newswires) -- Qurate Retail's ( QRTEA ) shares were down nearly 6% in early Wednesday trading after the company reported its Q1 swinging to adjusted earnings of $0.04 per share, compared with a loss of $0.05 a year earlier.

One analyst surveyed by Capital IQ expected adjusted earnings of $0.04 per share.

Total reported retail revenue for the quarter ended March 31 was $2.3 billion, compared with $2.6 billion a year earlier.

One analyst polled by Capital IQ expected total reported retail revenue of $2.4 billion.

Price: 0.86, Change: -0.05, Percent Change: -5.50