How will LILA's earnings trend in 2025?

**Liberty Latin America's (LILA) earnings are poised for a positive trend in 2025**, despite facing challenges in certain regions. Here's a detailed analysis: 1. **Strategic Investments and Subscriber Growth**: LILA has seen significant subscriber additions, with nearly 100,000 net additions in 2024, excluding Puerto Rico. The company has emphasized strategic network investments and successful refinancing efforts as key drivers of its recent success. This focus on subscriber growth and network enhancements is likely to contribute positively to earnings in 2025. 2. **Financial Performance in Certain Segments**: LILA has reported strong financial performance in regions such as the Caribbean, Panama, and Costa Rica, with double-digit OIBDA growth in C&W Panama. The company's successful refinancing of $3.3 billion in debt has strengthened its financial stability. These positive financial indicators suggest that LILA's earnings in these segments could continue to grow in 2025. 3. **Challenges and Outlook**: Despite the positive trends, LILA faces challenges, particularly in Puerto Rico, which has experienced a 13% revenue decline year-over-year. The company has, however, expressed confidence in its potential for recovery and growth by 2025. The management's plan to rebuild Puerto Rico operations with a focus on customer care, churn reduction, and leveraging fixed and mobile network synergies could mitigate the impact of these challenges on earnings. 4. **Analyst Expectations**: Wall Street analysts have a positive outlook on LILA, with a significant upside potential, as evidenced by the average price target of $7.25, representing a 7.73% change from the last price. This suggests that analysts expect earnings to trend positively in 2025. In conclusion, while LILA faces challenges, particularly in Puerto Rico, the company's strategic investments, subscriber growth, and financial performance in other regions, along with successful refinancing and positive analyst expectations, point to a positive earnings trend in 2025.