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- NasdaqGS:LBRD.K
Liberty Broadband Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Liberty Broadband (NASDAQ:LBRD.K) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$262.0m (up 9.2% from 3Q 2023).
- Net income: US$142.0m (down 12% from 3Q 2023).
- Profit margin: 54% (down from 68% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: US$0.99 (down from US$1.11 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Liberty Broadband Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) missed analyst estimates by 50%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Media industry in the US.
Performance of the American Media industry.
The company's shares are up 8.8% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Liberty Broadband's balance sheet health.
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About NasdaqGS:LBRD.K
Moderate growth potential with acceptable track record.