Liberty Broadband Corp reports results for the quarter ended June 30 - Earnings Summary

• Liberty Broadband Corp LBRDK.OQ reported quarterly adjusted earnings of $2.68​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.36. The lone analyst forecast for the quarter was for earnings of $1.78 per share.

• Revenue rose 6.1% to $261.00 million from a year ago; analysts expected $4.08 billion.

• Liberty Broadband Corp shares had fallen by 36.1% this quarter and lost 16.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is "hold."

• Wall Street's median 12-month price target for Liberty Broadband Corp is $130.00, about 54.8% above its last closing price of $58.82

This summary was machine generated from LSEG data August 8 at 06:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)