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Liberty Broadband Corp (LBRDK)
NASDAQ:LBRDK
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$2.39Last Year’s EPS
$1.4Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -23.57%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While Charter's EBITDA growth and mobile profitability were strong highlights, challenges such as broadband subscriber losses and GCI's operational cost increases were notable lowlights. Additionally, TripAdvisor faced ongoing challenges in its core segments.Company Guidance
During the Liberty Broadband Q2 2024 earnings call, several key metrics and guidance points were discussed. Liberty Broadband issued $860 million of 3.125% Charter exchangeables, using the proceeds to repay $540 million of Charter Margin loan and repurchase $300 million of existing exchangeables. The company extended the margin loan maturity to 2027, spreading 2026 debt maturities through 2028, which is expected to yield substantial interest savings. Charter reported solid EBITDA growth of 2.6% year-over-year, with a 100 basis point margin improvement, despite a net subscriber loss of 149,000 broadband subs due to the expiration of the ACP program. Mobile achieved profitability for the first time, adding 557 mobile lines, driven by the Unlimited Plus plan uptake and the effective phone buyout program. Liberty Broadband's consolidated cash and cash equivalents stood at $73 million, with a Charter investment valued at $16.2 billion and total principal debt amounting to $3.7 billion. GCI's revenue rose by $1 million over the prior year, but adjusted OIBDA decreased by $6 million due to higher operating costs. GCI consumer saw declines in wireless and cable modem subscribers, influenced by the ACP program's expiration. GCI's leverage was at 3.2x, with a cushion relative to the 6.5x maximum net leverage covenant.Charter EBITDA Growth
Charter reported solid EBITDA growth of 2.6% versus the prior year, with a 100 basis point margin improvement, indicating strong expense management and operational efficiency.
Mobile Profitability Milestone
Charter's mobile segment achieved profitability for the first time, with 557 mobile line net additions, driven by the successful 'Anytime Upgrade' program and strong customer uptake of the Unlimited Plus plan.
Successful Debt Management
Liberty Broadband issued $860 million of 3.125% Charter exchangeables, repaid $540 million under the Charter Margin loan, and repurchased $300 million of existing exchangeables, extending the margin loan maturity to 2027 and expecting substantial interest savings.
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LBRDK 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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LBRDK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $101.40 | $96.98 | -4.36% |
| Aug 08, 2024 | $64.09 | $64.90 | +1.26% |
| May 08, 2024 | $52.16 | $52.86 | +1.34% |
| Feb 16, 2024 | $60.43 | $60.37 | -0.10% |
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 Broadband Corp (LBRDK) report earnings?
Liberty Broadband Corp (LBRDK) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Liberty Broadband Corp (LBRDK) earnings time?
Liberty Broadband Corp (LBRDK) earnings time is at Feb 27, 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 LBRDK EPS forecast?
LBRDK EPS forecast for the fiscal quarter 2024 (Q4) is $2.39.
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