Zacks: Analysts Anticipate Liberty Braves Group Series C (NASDAQ:BATRK) to Announce $0.60 Earnings Per Share
Wall Street brokerages expect Liberty Braves Group Series C (NASDAQ:BATRK) to announce $0.60 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Liberty Braves Group Series C’s earnings. Liberty Braves Group Series C posted earnings per share of $0.80 during the same quarter last year, which would suggest a negative year over year growth rate of 25%. The firm is expected to report its next quarterly earnings report on Thursday, November 14th.
On average, analysts expect that Liberty Braves Group Series C will report full-year earnings of ($0.67) per share for the current fiscal year. For the next year, analysts expect that the company will post earnings of ($0.42) per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that follow Liberty Braves Group Series C.
Separately, Zacks Investment Research cut Liberty Braves Group Series C from a “buy” rating to a “hold” rating in a report on Wednesday, June 5th.
Shares of NASDAQ:BATRK traded up $0.42 during midday trading on Friday, hitting $28.23. The company had a trading volume of 60,700 shares, compared to its average volume of 94,638. Liberty Braves Group Series C has a twelve month low of $23.44 and a twelve month high of $29.74. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 282.30 and a beta of 0.76. The business’s 50-day simple moving average is $28.20 and its 200-day simple moving average is $27.91.
About Liberty Braves Group Series C
The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, stadium, and mixed use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.
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