Liberty Media Q3 revenue slightly misses estimates

Liberty Media

05/11/2026 13:52

Overview
US media and sports group's Q3 revenue slightly missed analyst expectations
Net income for Q3 was $162 mln

Outlook
Liberty Media did not provide specific financial guidance for the current quarter or full year in the press release

Result Drivers
F1 CALENDAR AND FEES – F1 primary revenue rose on one additional race, contractual fee increases and new sponsorships
F1 HOSPITALITY – Other F1 revenue increased on higher hospitality revenue at recurring events and the additional event
MOTOGP RACE COUNT AND MEDIA RIGHTS – MotoGP primary revenue declined on two fewer events and lower contractual media-rights revenue

Company press release: ID:nBw3yrzVfa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Miss*
$1.23 bln
$1.24 bln (10 Analysts)
Q3 Net Income
 
$162 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Liberty Media Corporation is $115.00, about 26.3% above its November 4 closing price of $91.03
The stock recently traded at 43 times the next 12-month earnings vs. a P/E of 48 three months ago

Reuters Recommended Reads
Nov 4 - Sports and entertainment firm TKO Group's Q3 revenue rises but misses estimates
Nov 4 - Sinclair Q3 revenue up 16%, beats analyst estimates
Nov 4 - News Corp Q1 adjusted profit beats estimates on digital real estate, Dow Jones growth

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)