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Formula One: Securing Pole Position In Sports Entertainment
Seeking Alpha· 2025-05-25 14:03
Group 1 - Liberty Media acquired F1 Group in 2017 and has seen its revenue nearly double since then, indicating strong growth potential for the company [1] - F1 is positioned for further revenue growth, particularly driven by a premium in media [1] Group 2 - The article emphasizes the importance of independent analysis and the goal of empowering investors through well-researched insights [1]
Liberty Media Corporation - Liberty Formula One Series A (FWONA) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2025-05-21 13:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
Will Liberty Media Corporation - Liberty Formula One Series A (FWONA) Gain on Rising Earnings Estimates?
ZACKS· 2025-05-12 17:20
Core Viewpoint - Liberty Media Corporation - Liberty Formula One Series A shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding the company's earnings prospects, which is expected to positively impact the stock price [2]. - The current quarter's earnings estimate is $0.52 per share, reflecting a remarkable increase of +420% compared to the previous year [7]. - Over the last 30 days, one estimate has been revised upward, leading to a 36.84% increase in the Zacks Consensus Estimate for the current quarter [7]. - For the full year, the expected earnings are $1.20 per share, representing a substantial change of +1023.08% from the prior year [8]. - The consensus estimate for the current year has risen by 93.55% due to one upward revision and no negative revisions [9]. Zacks Rank and Performance - Liberty Media Corporation - Liberty Formula One Series A has achieved a Zacks Rank 2 (Buy), indicating favorable estimate revisions and strong analyst agreement [10]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [11]. - The stock has gained 24.4% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [12].
Liberty Media Corporation - Liberty Formula One Series A (FWONA) Tops Q1 Earnings Estimates
ZACKS· 2025-05-08 00:45
Liberty Media Corporation - Liberty Formula One Series A (FWONA) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this company would post earnings of $0.58 per share when it actually produced a loss of $1.03, delivering a surprise of -277.59%.O ...
Liberty(FWONA) - 2025 Q1 - Quarterly Results
2025-05-07 21:13
Exhibit 99.1 LIBERTY MEDIA CORPORATION REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS Englewood, Colorado, May 7, 2025 - Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ: FWONA, FWONK, LLYVA, LLYVK) today reported first quarter 2025 results. Headlines include (1): "2025 is off to a strong start. Formula 1 is benefiting from exciting racing on the track and financial momentum underpinned by new commercial partnerships that took effect this year," said Derek Chang, Liberty Media President & CEO. ...
Liberty(FWONA) - 2025 Q1 - Quarterly Report
2025-05-07 20:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35707 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 12300 Liberty ...
Liberty Media Corporation - Liberty Formula One Series A (FWONA) Reports Q4 Loss, Misses Revenue Estimates
ZACKS· 2025-02-28 02:50
Group 1 - Liberty Media Corporation - Liberty Formula One Series A reported a quarterly loss of $1.03 per share, significantly missing the Zacks Consensus Estimate of $0.58, and compared to earnings of $0.25 per share a year ago, representing an earnings surprise of -277.59% [1] - The company posted revenues of $1.07 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 14.23%, and down from $1.23 billion in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Group 2 - The stock has added about 4.7% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the coming quarter is -$0.29 on $431 million in revenues, and for the current fiscal year, it is $0.80 on $3.88 billion in revenues [7] - The Zacks Industry Rank indicates that Media Conglomerates is currently in the top 25% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8]
Liberty(FWONA) - 2024 Q4 - Annual Results
2025-02-27 22:43
Exhibit 99.1 LIBERTY MEDIA CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2024 FINANCIAL RESULTS Englewood, Colorado, February 27, 2025 - Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ: FWONA, FWONK, LLYVA, LLYVK) today reported fourth quarter and year end 2024 results. Headlines include (1): "As I reflect on my first month as CEO, I am energized by the opportunities ahead at Liberty Media and our portfolio companies," said Derek Chang, Liberty Media President & CEO. "My time as a board m ...
Liberty(FWONA) - 2024 Q4 - Annual Report
2025-02-27 21:54
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 12300 Liberty Boulevard Englewood, Colorado (Address of principal executive offices) 80112 (Zip Code) Registrant's telephone number, including area code: (720) 875-5400 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File N ...
Liberty(FWONA) - 2024 Q4 - Earnings Call Transcript
2025-02-27 19:51
Financial Data and Key Metrics Changes - Formula One Group reported total revenue growth of 6% in 2024, driven by two additional races, contractual increases, and a 10% rise in sponsorship revenue year-over-year [22][24][27] - The attributed cash and liquid investments at year-end were $2.6 billion, with $1.3 billion in cash at F1 and $78 million at the corporate level [20] - The total principal amount of debt was $2.9 billion, with F1 holding $2.4 billion of that debt [20] Business Line Data and Key Metrics Changes - F1's adjusted OIBDA margin improved nearly 70 basis points year-over-year, with payments as a percentage of pre-team adjusted OIBDA decreasing from 62.6% in 2023 to 61.5% in 2024 [24][27] - Paddock Club revenue saw strong growth at most events, while other F1 revenue remained relatively flat [23] Market Data and Key Metrics Changes - The Las Vegas Grand Prix missed internal expectations on revenue and OIBDA, primarily due to ticket sales [13][22] - F1 TV product subscribers increased by 15%, with the U.S. being the largest market [35][44] Company Strategy and Development Direction - The company is focused on closing the Dorna acquisition and simplifying its structure while highlighting the value of its Live Nation equity stake [10][11] - F1 aims to expand its platform and revenue sources, particularly in the U.S. market, leveraging the Las Vegas Grand Prix as a testbed for product expansion [13][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong financial position heading into 2025, with most revenue under contract and a focus on improving the Las Vegas Grand Prix's performance [27][28] - The company is optimistic about the growth of its fan base, particularly among younger demographics, and aims to enhance engagement through new initiatives [43][49] Other Important Information - The company is on track to achieve net-zero emissions by 2030 and has begun investing in sustainable aviation fuel [54] - The Las Vegas Grand Prix will see operational integration into the F1 team in London to maximize its commercial value [41] Q&A Session Summary Question: What are the strategic priorities for Liberty shareholders? - The company is focused on closing the Dorna acquisition, structural simplification, and supporting F1's growth trajectory [61][63] Question: How is the demand for U.S. media rights for F1? - Management indicated ongoing discussions with ESPN and other potential partners, emphasizing the strong interest in F1 content [68][72] Question: What steps are being taken to improve the Las Vegas Grand Prix's financial performance? - Management is focusing on cost structure improvements and enhancing local relationships to boost the event's success [82][86] Question: What is the impact of GM Cadillac joining F1? - The entry of Cadillac is expected to enhance the sport's ecosystem without negatively impacting the current Concord agreement discussions [92][110] Question: What is the outlook for media rights internationally? - Management is optimistic about the global demand for media rights, influenced by the ongoing U.S. negotiations [126]