Liberty Broadband (LBRDA) to Release Quarterly Earnings on Wednesday

Liberty Broadband (NASDAQ:LBRDA) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $2.80 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Liberty Broadband (NASDAQ:LBRDA) last issued its quarterly earnings data on Friday, February 16th. The company reported $1.39 EPS for the quarter. Liberty Broadband had a net margin of 70.13% and a return on equity of 7.76%. The business had revenue of $250.00 million during the quarter, compared to analysts’ expectations of $250.00 million. 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 Stock Performance

Shares of NASDAQ:LBRDA opened at $50.13 on Wednesday. Liberty Broadband has a 52 week low of $47.17 and a 52 week high of $95.61. The stock has a market capitalization of $7.17 billion, a P/E ratio of 10.73, a PEG ratio of 0.10 and a beta of 0.98. The firm has a fifty day simple moving average of $54.79 and a two-hundred day simple moving average of $70.06. 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 Transactions at Liberty Broadband

In other news, Director J David Wargo sold 15,000 shares of the firm’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $51.98, for a total value of $779,700.00. Following the completion of the sale, the director now owns 72,332 shares in the company, valued at approximately $3,759,817.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last quarter, insiders sold 45,000 shares of company stock worth $2,435,830. 19.65% of the stock is currently owned by insiders.

About Liberty Broadband

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.