Liberty Media Corp (Interactive) will unveil its latest earnings on Thursday, February 23, 2012. Liberty Media is engaged in the video and on-line commerce, media, communications, and entertainment industries.
Liberty Media Corp (Interactive) Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for profit of 37 cents per share, a decline of 43.9% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 36 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 37 cents during the last month. Analysts are projecting profit to rise by 49.3% compared to last year’s 73 cents.
Past Earnings Performance: The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of 16 cents per share against the mean estimate of 14 cents. In the prior quarter, the company reported profit of 30 cents.
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Wall St. Revenue Expectations: Analysts are projecting a rise of 5.5% in revenue from the year-earlier quarter to $3.05 billion.
Analyst Ratings: Analysts are high on the stock, with five analysts rating it as a buy, none rating it as a sell and one rating it as a hold.
A Look Back: In the third quarter, the company swung to a loss of $19 million (2 cents a share) from a profit of $105 million (17 cents) a year earlier, but beat analyst expectations. Revenue rose 8.4% to $2.13 billion from $1.97 billion.
Key Stats:
Revenue has increased in each of the past four quarters. Revenue rose 9.4% in the second quarter from the year earlier, climbed 6.6% in the first quarter from the year-ago quarter and 6.5% in the fourth quarter of the last fiscal year.
In the latest quarter, Liberty Media Corp (Interactive) reported a loss that snapped a three-quarter streak of profit. The company reported a profit of $182 million in the second quarter, a profit of $44 million in the first and a profit of $398 million in the fourth quarter of the last fiscal year.
Stock Price Performance: Between November 21, 2011 and February 17, 2012, the stock price rose $2.47 (15.9%), from $15.56 to $18.03. It saw one of its worst periods between June 2, 2011 and June 20, 2011 when shares fell for 13 straight days, dropping 14.3% (-$2.58) over that span. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011, when shares rose for 10 straight days, increasing 11.1% (+$1.77) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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