Liberty Broadband Corp reports results for the quarter ended September 30 - Earnings Summary

Liberty Broadband

08/11/2024 16:32

* Liberty Broadband Corp  LBRDA.OQ  reported quarterly
adjusted
earnings of 99 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of $1.10.  The mean expectation of three analysts
for the quarter was for earnings of $1.65 per share. Wall Street
expected results to range from $1.47  to $1.83 per share.
    * Revenue rose 9.2% to $262.00 million from a year ago;
analysts
expected $245.00 million. 
    * Liberty Broadband Corp's reported EPS for the quarter was
99
cents​.
    * The company reported quarterly net income of $142 million.
    * Liberty Broadband Corp shares had risen by 24.8% this
quarter and gained 18.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 34.5%
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 $105.50 
This summary was machine generated from LSEG data November 8 at
04:32 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
 Sep. 30 2024      1.65           0.99           Missed
 Jun. 30 2024      2.46           1.36           Missed
 Mar. 31 2024      2.80           1.69           Missed
 Dec. 31 2023      3.44           1.39           Missed