Streetbeat News

FWONK

Formula One Group

https://www.libertymedia.com/companies/formula-one-group.html

Industry

Entertainment

Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.

Open

97.45

Mkt cap

29B

Volume

1.9M

High

97.78

P/E Ratio

-720.46

52-wk high

102.33

Low

92.36

Div yield

N/A

52-wk low

64.37

The article compares the performance of Liberty Media Corporation - Liberty Formula One Series C (FWONK) and Ralph Lauren (RL) against their consumer discretionary sector peers for the year.

Portfolio Pulse from

February 11, 2025 | 4:00 pm

Liberty Media Corporation - Liberty Formula One Series C (FWONK) has been upgraded to a Zacks Rank #2 (Buy), indicating positive earnings prospects and potential for stock price increase.

Portfolio Pulse from

January 31, 2025 | 6:15 pm

Liberty Media Corporation - Liberty Formula One Series C (FWONK) reported Q3 earnings of $0.48 per share, surpassing the Zacks Consensus Estimate of $0.30 per share. This marks an improvement from $0.39 per share a year ago.

Portfolio Pulse from

November 12, 2024 | 8:45 pm

Sirius XM Holdings Inc reported a Q3 revenue decline of 4% to $2.17 billion, missing estimates. Adjusted EPS beat expectations. The company faced a $3.36 billion impairment charge related to Liberty Media, resulting in a net loss of $2.96 billion. Sirius XM revised its annual revenue outlook slightly downwards.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 6:02 pm

American Express has announced a new multi-year global sponsorship with Formula 1, expanding its presence from five races in the Americas to over 20 races worldwide. This partnership will enhance access and experiences for American Express Card Members globally.