Liberty Broadband (LBRDK) Projected to Post Quarterly Earnings on Thursday

Liberty Broadband (NASDAQ:LBRDK) is anticipated to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $3.67 per share and revenue of $252.50 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Liberty Broadband Trading Up 1.2 %

Shares of NASDAQ:LBRDK opened at $82.36 on Tuesday. Liberty Broadband has a 12-month low of $46.46 and a 12-month high of $101.50. The stock has a market cap of $11.76 billion, a PE ratio of 15.17 and a beta of 1.04. The business has a 50 day moving average of $77.74 and a 200-day moving average of $76.75. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40.

Insider Transactions at Liberty Broadband

In other news, CEO Gregory B. Maffei sold 71,500 shares of Liberty Broadband stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $82.00, for a total value of $5,863,000.00. Following the completion of the sale, the chief executive officer now directly owns 2,827,013 shares in the company, valued at approximately $231,815,066. The trade was a 2.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Liberty Broadband in a report on Monday, February 17th. They set a “sell” rating for the company.

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.