What's the outlook for QVCGB's future earnings?

**QVC Group Inc. (QVCGB) faces a challenging outlook for its future earnings**. Several factors indicate potential difficulties ahead:

1. **Recent Performance**: QVC Group has experienced a significant decline in revenue, with a 6% drop in Q4 2024, missing estimated quarterly revenue. This trend is part of a broader 9.4% revenue decline over the past twelve months.
2. **Earnings Impact**: The net income for QVCGB in Q4 2024, was -$1.28 billion, marking a substantial loss and a sharp decline from the previous year. The diluted EPS growth rate is negative, indicating a decline in earnings per share.

3. **Strategic Initiatives**: While QVC has implemented strategic initiatives like Project Athens, which aimed to improve OIBDA and free cash flow, the results have not yet translated into improved earnings. The project achieved over $500 million in run rate OIBDA improvement but did not prevent the revenue decline.
4. **Challenges in the Media Sector**: The company has faced challenges due to increased competition for viewership and a conservative consumer environment, which has affected its top-line results.
5. **Stock Performance and Market Sentiment**: QVC Group's stock has hit a 52-week low, reflecting investor concern and potential future earnings challenges. The stock's undervaluation and oversold territory in the RSI suggest a cautious market outlook.
6. **Future Outlook**: Despite efforts to reduce debt and improve OIBDA, the company's future earnings are likely to be influenced by the ongoing challenges in the media sector and the need to adapt to changing consumer behaviors.

In conclusion, while QVC Group has made efforts to improve its financial health and adapt to market changes, the near-term outlook for QVCGB's future earnings remains cautious due to recent performance trends and sector-specific challenges.