Liberty Broadband (LBRDK) to Release Quarterly Earnings on Thursday

Liberty Broadband (NASDAQ:LBRDK) will release its earnings data before the market opens on Thursday, August 8th. Analysts expect Liberty Broadband to post earnings of $2.59 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Liberty Broadband (NASDAQ:LBRDK) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $2.38 by ($0.69). Liberty Broadband had a net margin of 87.75% and a return on equity of 9.55%. The firm had revenue of $245.00 million for the quarter, compared to analysts’ expectations of $244.41 million. On average, analysts expect Liberty Broadband to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Liberty Broadband Stock Down 1.0 %

Shares of LBRDK opened at $63.97 on Wednesday. Liberty Broadband has a 52 week low of $46.46 and a 52 week high of $95.68. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $9.14 billion, a price-to-earnings ratio of 11.03 and a beta of 1.01. The stock’s 50-day moving average price is $55.25 and its 200-day moving average price is $56.98.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley increased their target price on Liberty Broadband from $62.00 to $69.00 and gave the company an “equal weight” rating in a report on Friday, July 19th.

Liberty Broadband Company Profile

Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.