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

Liberty Broadband

08/05/2024 15:07

* Liberty Broadband Corp  LBRDA.OQ  reported quarterly
adjusted
earnings of $1.69​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 47 cents.  The lone analyst forecast for the
quarter was for earnings of $2.80 per share. 
    * Revenue fell 0.4% to $245.00 million from a year ago;
analysts
expected $248.50 million. 
    * Liberty Broadband Corp's reported EPS for the quarter was
$1.69​.
    * The company reported quarterly net income of $241 million.
    * Liberty Broadband Corp shares had fallen by 8.3% this
quarter and lost 35.0% so far this year.

FORECAST CHANGES
    * 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 3 "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 $106.00 
This summary was machine generated from LSEG data May 8 at 02:07
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
 Mar. 31 2024      2.80           1.69           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