Liberty Broadband Corp reports results for the quarter ended in December - Earnings Summary

Liberty Broadband

16/02/2024 19:12

* Liberty Broadband Corp  LBRDA.OQ  reported quarterly
adjusted
earnings of $1.39​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of $2.15.  The mean expectation of three analysts for the
quarter was for earnings of $3.44 per share. 
    * Revenue held steady 0% to $250.00 million from a year ago;
analysts expected $250.00 million. 
    * Liberty Broadband Corp's reported EPS for the quarter was
$1.39​.
    * The company reported quarterly net income of $205 million.
    * Liberty Broadband Corp shares had fallen by 25.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and 1 "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 $118.92 
This summary was machine generated from LSEG data February 16 at
07:12 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
 Dec. 31 2023      3.44           1.39           Missed
 Sep. 30 2023      2.18           1.10           Missed
 Jun. 30 2023      1.57           1.71           Beat
 Mar. 31 2023      1.32           0.47           Missed