Core Insights - Liberty Broadband reported quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $2.68 per share, and down from $1.10 per share a year ago, representing an earnings surprise of -63.06% [1] - The company posted revenues of $262 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 10.36% and up from $240 million year-over-year [2] - The stock has gained approximately 25.8% year-to-date, outperforming the S&P 500's gain of 24.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.72 on revenues of $247.14 million, and for the current fiscal year, it is $8.45 on revenues of $975.56 million [7] - The estimate revisions trend for Liberty Broadband is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Cable Television industry, to which Liberty Broadband belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Liberty Broadband (LBRDK) Lags Q3 Earnings Estimates