Liberty Formula One Group Earnings Preview

Liberty Formula One Group (NASDAQ:FWONK) 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 $0.19.

Investors in Liberty Formula One Group are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

In the previous earnings release, the company missed EPS by $0.20, leading to a 0.55% increase in the share price the following trading session.

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

0.08

0.26

0.20

EPS Actual

0.1

0.32

0.25

0.39

Price Change %

1.0%

-1.0%

4.0%

-1.0%

Liberty Formula One Group Share Price Analysis

Shares of Liberty Formula One Group were trading at $81.4 as of November 05. Over the last 52-week period, shares are up 25.72%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Liberty Formula One Group

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Liberty Formula One Group.

The consensus rating for Liberty Formula One Group is Neutral, based on 2 analyst ratings. With an average one-year price target of $82.5, there's a potential 1.35% upside.

Peer Ratings Overview

In this comparison, we explore the analyst ratings and average 1-year ...