Liberty Broadband Corporation ($LBRDK) 2Q20 Earnings Sneak Preview

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Liberty Broadband Corporation (NASDAQ:LBRDK) is reporting second quarter financial results on Monday 10th August 2020, before market open.

According to analysts surveyed by Thomson Reuters, LBRDK is expected to report 2Q20 income of $ 0.44 per share

For the full year, analysts anticipate top line of $ 15.77 million, while looking forward to income of $ 1.50 per share bottom line.

Previous Quarter Performance

Liberty Broadband Corporation unveiled loss for the first quarter of $ 0.04 per share, from the revenue of $ 4.10 million. The quarterly revenues compared with the same quarter last year. According to street consensus, income of $ 0.49 was expected per share The bottom line results missed street analysts by $ 0.53 or 108.16 percent, at the same time, top line results analysts by $ 0.1 million or .

Historical Earnings Performance
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Click Here For More Historical Earnings Of Liberty Broadband Corporation

Stock Performance

According to the previous trading day, closing price of LBRDK was $ 144.90, representing a 68.10 % increase from the 52 week low of $ 86.20 and a 0.77 % decrease over the 52 week high of $ 146.02.

The company has a market capital of $ 26.30 billion and is part of the Communication Services sector and Pay TV industry.

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Recent Analyst recommendations

  • On 13th July 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 170.00 target price.
Conference Call

Liberty Broadband Corporation will be hosting a conference call at 11:15 AM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.libertybroadband.com

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.