Liberty Broadband (LBRDA) Set to Announce Earnings on Wednesday

Liberty Broadband (NASDAQ:LBRDA) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Liberty Broadband to post earnings of $2.80 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Liberty Broadband (NASDAQ:LBRDA) last released its quarterly earnings data on Friday, February 16th. The company reported $1.39 EPS for the quarter. The company had revenue of $250.00 million for the quarter, compared to the consensus estimate of $250.00 million. Liberty Broadband had a return on equity of 7.76% and a net margin of 70.13%. On average, analysts expect Liberty Broadband to post $12 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Liberty Broadband Trading Up 1.2 %

LBRDA opened at $52.88 on Tuesday. The stock’s fifty day moving average is $54.08 and its two-hundred day moving average is $68.90. The company has a market capitalization of $7.56 billion, a P/E ratio of 11.32, a PEG ratio of 0.11 and a beta of 0.99. Liberty Broadband has a 52 week low of $47.17 and a 52 week high of $95.61. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.42.

Insider Activity

In other news, Director J David Wargo sold 11,000 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $57.33, for a total value of $630,630.00. Following the completion of the sale, the director now owns 106,332 shares of the company’s stock, valued at approximately $6,096,013.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders have sold 45,000 shares of company stock worth $2,435,830. 19.65% of the stock is currently owned by company insiders.

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.