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Liberty Broadband Corp reports results for the quarter ended in June - Earnings Summary
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Liberty Broadband Corp reports results for the quarter ended in June - Earnings Summary
  • Liberty Broadband Corp LBRDK.OQ reported quarterly adjusted earnings of $1.36​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of $1.71. The mean expectation of three analysts for the quarter was for earnings of $1.91 per share. Wall Street expected results to range from $1.31 to $2.51 per share.

  • Revenue rose 0.4% to $246.00 million from a year ago.

  • Liberty Broadband Corp's reported EPS for the quarter was $1.36​.

  • The company reported quarterly income of $195 million.

  • Liberty Broadband Corp shares had risen by 16.9% this quarter and lost 20.5% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 6.4% in the last three months.​

  • In the last 30 days, one analyst revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."

  • The average consensus recommendation for the broadcasting peer group is also "buy"

Wall Street's median 12-month price target for Liberty Broadband Corp is $84.00

This summary was machine generated from LSEG data August 8 at 06:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2024

1.91

1.36

Missed

Mar. 31 2024

1.67

1.69

Beat

Dec. 31 2023

2.33

1.39

Missed

Sep. 30 2023

1.93

1.10

Missed

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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