Zacks: Analysts Anticipate Liberty Braves Group (BATRK) to Post $0.05 Earnings Per Share

Equities analysts forecast that Liberty Braves Group (NASDAQ:BATRK) will announce earnings per share of $0.05 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Liberty Braves Group’s earnings. Liberty Braves Group posted earnings of $0.11 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 54.5%. The business is expected to announce its next quarterly earnings report on Friday, August 4th.

On average, analysts expect that Liberty Braves Group will report full year earnings of ($0.70) per share for the current fiscal year. For the next fiscal year, analysts forecast that the firm will post earnings of ($1.02) per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Liberty Braves Group.

Separately, Zacks Investment Research upgraded shares of Liberty Braves Group from a “sell” rating to a “hold” rating in a research report on Thursday, March 16th.

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Shares of Liberty Braves Group (NASDAQ:BATRK) opened at 24.04 on Wednesday. Liberty Braves Group has a 52-week low of $13.92 and a 52-week high of $25.38. The stock’s market capitalization is $1.19 billion. The stock’s 50 day moving average is $23.92 and its 200 day moving average is $21.33.

Hedge funds have recently modified their holdings of the stock. Hosking Partners LLP increased its stake in shares of Liberty Braves Group by 9.3% in the first quarter. Hosking Partners LLP now owns 39,366 shares of the financial services provider’s stock valued at $931,000 after buying an additional 3,339 shares in the last quarter. Eagle Asset Management Inc. increased its stake in shares of Liberty Braves Group by 1.6% in the first quarter. Eagle Asset Management Inc. now owns 814,539 shares of the financial services provider’s stock valued at $19,263,000 after buying an additional 12,728 shares in the last quarter. Gabelli Funds LLC increased its stake in shares of Liberty Braves Group by 2.3% in the first quarter. Gabelli Funds LLC now owns 694,586 shares of the financial services provider’s stock valued at $16,427,000 after buying an additional 15,298 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in shares of Liberty Braves Group by 5.5% in the first quarter. Gamco Investors INC. ET AL now owns 843,200 shares of the financial services provider’s stock valued at $19,942,000 after buying an additional 44,091 shares in the last quarter. Finally, UBS Asset Management Americas Inc. purchased a new stake in shares of Liberty Braves Group during the first quarter valued at $281,000. Hedge funds and other institutional investors own 73.99% of the company’s stock.

Liberty Braves Group Company Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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