Liberty Broadband Q2 EPS $1.71 Misses $2.40 Estimate, Sales $245.00M Beat $237.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Liberty Broadband (NASDAQ:LBRDK) reported Q2 earnings of $1.71 per share, missing the analyst consensus estimate of $2.40 by 28.75%. This is a 40.42% decrease from the same period last year. However, the company reported quarterly sales of $245.00 million, beating the analyst consensus estimate of $237.90 million by 2.98%, a 2.51% increase from last year.
August 04, 2023 | 3:20 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Liberty Broadband's Q2 earnings per share missed estimates by 28.75%, but sales exceeded expectations by 2.98%.
Liberty Broadband's earnings per share fell short of analyst estimates, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price. However, the company's sales exceeded expectations, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100