Liberty Broadband (LBRDA) Set to Announce Quarterly Earnings on Wednesday

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

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

Shares of NASDAQ:LBRDA opened at $52.27 on Monday. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.42. The stock has a market cap of $7.47 billion, a PE ratio of 11.19, a PEG ratio of 0.11 and a beta of 0.99. The company’s fifty day moving average is $54.23 and its 200 day moving average is $69.16. Liberty Broadband has a 52 week low of $47.17 and a 52 week high of $95.61.

Insider Activity

In other news, Director J David Wargo sold 9,000 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $56.80, for a total value of $511,200.00. Following the completion of the sale, the director now owns 97,332 shares of the company’s stock, valued at approximately $5,528,457.60. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 45,000 shares of company stock valued at $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.