Insights Ahead: Liberty Formula One Group's Quarterly Earnings

Liberty Formula One Group (NASDAQ:FWONA) 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 Formula One Group will report an earnings per share (EPS) of $0.17.

The announcement from Liberty Formula One Group is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

Last quarter the company missed EPS by $0.20, which was followed by a 0.04% drop in the share price the next day.

Here's a look at Liberty Formula One Group's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.3

0.04

0.27

0.26

EPS Actual

0.1

0.32

0.25

0.39

Price Change %

-0.0%

-1.0%

4.0%

-1.0%

Market Performance of Liberty Formula One Group's Stock

Shares of Liberty Formula One Group were trading at $75.17 as of November 04. Over the last 52-week period, shares are up 28.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on Liberty Formula One Group

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

Analysts have provided Liberty Formula One Group with 1 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $81.0, suggesting a potential 9.42% upside.

Comparing Ratings with Competitors

In ...