Liberty Broadband Q2 2024 GAAP EPS $1.36 Misses $1.71 Estimate, Sales $246.000M Up From $245.000M YoY
Portfolio Pulse from Benzinga Newsdesk
Liberty Broadband (NASDAQ:LBRDK) reported Q2 2024 earnings per share (EPS) of $1.36, missing the analyst consensus estimate of $1.71 by 20.47%. The company reported sales of $246 million, a 0.41% increase from $245 million in the same period last year.
August 08, 2024 | 12:16 pm
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Liberty Broadband reported Q2 2024 EPS of $1.36, missing the analyst estimate of $1.71 by 20.47%. Sales were $246 million, a slight increase from $245 million YoY.
The significant miss on EPS compared to analyst estimates is likely to negatively impact the stock price in the short term, despite the slight increase in sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100