Liberty Broadband Corp Series A (LBRDA) Posts Earnings Results, Misses Expectations By $0.02 EPS

Liberty Broadband Corp Series A (NASDAQ:LBRDA) announced its quarterly earnings data on Thursday. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02), MarketWatch Earnings reports. Liberty Broadband Corp Series A had a net margin of 9,565.99% and a return on equity of 20.10%.

NASDAQ LBRDA traded down $1.46 on Friday, reaching $81.75. 2,255 shares of the company’s stock traded hands, compared to its average volume of 137,126. The company has a market capitalization of $15.00 billion, a PE ratio of 7.40 and a beta of 1.24. Liberty Broadband Corp Series A has a fifty-two week low of $67.75 and a fifty-two week high of $98.53. The company has a debt-to-equity ratio of 0.05, a current ratio of 9.56 and a quick ratio of 9.56.

A number of research firms recently issued reports on LBRDA. Deutsche Bank decreased their target price on shares of Liberty Broadband Corp Series A from $107.00 to $101.00 and set a “buy” rating for the company in a research report on Tuesday, August 14th. Macquarie boosted their target price on shares of Liberty Broadband Corp Series A from $84.00 to $91.00 and gave the company an “outperform” rating in a research report on Wednesday, August 22nd. ValuEngine upgraded shares of Liberty Broadband Corp Series A from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. BidaskClub upgraded shares of Liberty Broadband Corp Series A from a “hold” rating to a “buy” rating in a research report on Tuesday, October 16th. Finally, Zacks Investment Research upgraded shares of Liberty Broadband Corp Series A from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 31st. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $105.60.

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About Liberty Broadband Corp Series A

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential and commercial customers in the United States. It operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understanding the precise geographic location and movement of mobile devices; enhancing the location determination capabilities of a hybrid location system.

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Earnings History for Liberty Broadband Corp Series A (NASDAQ:LBRDA)

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