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Liberty Media Corporation Series A Liberty Formula One (FWONA)
NASDAQ:FWONA
RESEARCH TOOLSreports
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.09Last Year’s EPS
0.32Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -12.32%
|Next Earnings Date:May 02, 2025
Earnings Call Sentiment|Neutral
While there were significant achievements in revenue growth, sponsorship deals, and fan engagement, the underperformance of the Las Vegas Grand Prix and challenges with US media rights negotiations presented notable concerns.Company Guidance
During Liberty Media Corporation's 2024 year-end earnings call, the company provided detailed insights into its strategic priorities and financial metrics. Key guidance included the focus on closing the Dorna acquisition, enhancing structural simplification, and emphasizing the value of the Live Nation equity stake. The company highlighted Formula One's strong performance in 2024, with total revenue growth of 6%, driven by an increase in sponsorship revenue by 10% and the addition of two more races compared to 2023. Despite the Las Vegas Grand Prix missing revenue and OIBDA expectations, Liberty Media expressed confidence in addressing these issues through revised ticket pricing strategies and cost structure management. The company also reported a cash balance of $2.6 billion and a principal debt amount of $2.9 billion in the Formula One Group, with leverage at 1.3 times as of December 31st. Looking ahead to 2025, Liberty Media plans to host 24 races with continued focus on enhancing fan engagement and expanding the F1 platform.Formula One Revenue Growth
Total revenue grew 6% in 2024 with growth across all primary revenue streams. Sponsorship revenue increased by 10% year-over-year.
Strong Financial Position
Formula One Group had $2.6 billion in cash and liquid investments at year-end, with a leverage of 1.3 times.
Record F1 Attendance
Over 6.5 million people attended races in 2024, a new record, growing 9% over 2023. Paddock Club attendance also increased by 20%.
Sponsorship Success
F1 had $14.4 billion in future revenue contracted under multiyear agreements, with new partnerships including LVMH, Lenovo, and Crypto.com.
Expansion of F1 TV
F1 TV subscribers grew by 15%, and a new premium tier is set to launch offering enhanced functionality.
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Liberty Media Liberty Formula One (FWONA) Earnings, Revenues Date & History
FWONA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FWONA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $88.00 | $84.01 | -4.53% |
| Nov 07, 2024 | $76.74 | $73.99 | -3.58% |
| Aug 08, 2024 | $70.66 | $67.40 | -4.61% |
| May 08, 2024 | $64.31 | $64.26 | -0.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Liberty Media Corporation Series A Liberty Formula One (FWONA) report earnings?
Liberty Media Corporation Series A Liberty Formula One (FWONA) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is Liberty Media Corporation Series A Liberty Formula One (FWONA) earnings time?
Liberty Media Corporation Series A Liberty Formula One (FWONA) earnings time is at May 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FWONA EPS forecast?
FWONA EPS forecast for the fiscal quarter 2025 (Q1) is -0.09.
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