Liberty Media Formula One Series C (FWONK) Scheduled to Post Earnings on Thursday

Liberty Media Formula One Series C (NASDAQ:FWONK) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 8th. Analysts expect Liberty Media Formula One Series C to post earnings of $0.02 per share for the quarter.

Liberty Media Formula One Series C (NASDAQ:FWONK) last announced its earnings results on Wednesday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.08. The business had revenue of $585.00 million during the quarter, compared to the consensus estimate of $602.28 million. On average, analysts expect Liberty Media Formula One Series C to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of Liberty Media Formula One Series C stock opened at $33.79 on Wednesday. The stock has a market capitalization of $7.84 billion, a PE ratio of 27.93 and a beta of 1.44. Liberty Media Formula One Series C has a 52-week low of $28.37 and a 52-week high of $39.62.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Liberty Media Formula One Series C from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research report on Wednesday, October 10th. ValuEngine cut shares of Liberty Media Formula One Series C from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Finally, Goldman Sachs Group assumed coverage on shares of Liberty Media Formula One Series C in a research report on Tuesday, October 9th. They issued a “neutral” rating and a $39.00 target price for the company. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Liberty Media Formula One Series C presently has an average rating of “Buy” and a consensus target price of $43.33.

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About Liberty Media Formula One Series C

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.

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Earnings History for Liberty Media Formula One Series C (NASDAQ:FWONK)

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