Core Insights - Liberty Broadband (LBRDK) shares increased by 11.2% to close at $89.90, driven by notable trading volume, compared to a 4.7% gain over the past four weeks [1][2] Company Performance - Liberty Broadband is set to report quarterly earnings of $2.68 per share, reflecting a year-over-year increase of 143.6%. Expected revenues are $237.41 million, a slight decline of 1.1% from the previous year [3] - The consensus EPS estimate for Liberty Broadband has been revised 19.3% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] Industry Context - Liberty Broadband is part of the Zacks Cable Television industry, where another company, Cable One (CABO), saw its shares rise by 5.4% to $359.98, although CABO has returned -0.4% over the past month [4] - Cable One's consensus EPS estimate has decreased by 0.2% over the past month to $9.93, representing a year-over-year decline of 7.9% [5]
Liberty Broadband (LBRDK) Moves 11.2% Higher: Will This Strength Last?