Liberty Broadband (LBRDK) to Release Quarterly Earnings on Thursday

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

Liberty Broadband (NASDAQ:LBRDK) last issued its quarterly earnings data 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). The business had revenue of $245.00 million for the quarter, compared to the consensus estimate of $244.41 million. Liberty Broadband had a net margin of 87.75% and a return on equity of 9.55%. 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 Price Performance

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

Wall Street Analyst Weigh In

Separately, Morgan Stanley boosted their price objective on shares of Liberty Broadband from $62.00 to $69.00 and gave the stock an “equal weight” rating in a research note 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.