Earnings Outlook For Liberty Broadband

Liberty Broadband (NASDAQ:LBRDK) is set to give its latest quarterly earnings report on Thursday, 2024-11-07. Here's what investors need to know before the announcement.

Analysts estimate that Liberty Broadband will report an earnings per share (EPS) of $2.25.

Anticipation surrounds Liberty Broadband's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

In the previous earnings release, the company missed EPS by $0.55, leading to a 0.37% drop in the share price the following trading session.

Here's a look at Liberty Broadband's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.91

1.70

1.93

EPS Actual

1.36

1.69

1.39

1.10

Price Change %

-0.0%

-3.0%

-0.0%

1.0%

Stock Performance

Shares of Liberty Broadband were trading at $93.26 as of November 04. Over the last 52-week period, shares are up 13.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Liberty Broadband

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Liberty Broadband.

With 1 analyst ratings, Liberty Broadband has a consensus rating of Buy. The average one-year price target is $91.0, indicating a ...