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 ...