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Liberty Braves Group Series C (BATRK) Expected to Post Earnings of -$0.91 Per Share

Brokerages forecast that Liberty Braves Group Series C (NASDAQ:BATRK) will report ($0.91) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Liberty Braves Group Series C’s earnings. Liberty Braves Group Series C reported earnings of $0.07 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 1,400%. The business is expected to issue its next earnings report on Thursday, March 7th.

On average, analysts expect that Liberty Braves Group Series C will report full year earnings of ($1.48) per share for the current fiscal year. For the next year, analysts expect that the company will post earnings of ($0.92) per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Liberty Braves Group Series C.

Liberty Braves Group Series C (NASDAQ:BATRK) last posted its quarterly earnings results on Thursday, November 8th. The financial services provider reported $0.80 EPS for the quarter, beating the consensus estimate of $0.41 by $0.39. The business had revenue of $200.00 million during the quarter.

BATRK has been the subject of a number of recent analyst reports. Zacks Investment Research raised Liberty Braves Group Series C from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Tuesday, January 1st. ValuEngine raised Liberty Braves Group Series C from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd.

BATRK stock traded up $0.22 during midday trading on Wednesday, hitting $25.99. 90,323 shares of the stock were exchanged, compared to its average volume of 111,249. The stock has a market cap of $1.03 billion, a PE ratio of -50.96 and a beta of 0.75. Liberty Braves Group Series C has a fifty-two week low of $21.85 and a fifty-two week high of $27.96.

A number of institutional investors have recently made changes to their positions in the stock. Swiss National Bank grew its holdings in shares of Liberty Braves Group Series C by 4.0% during the third quarter. Swiss National Bank now owns 62,329 shares of the financial services provider’s stock valued at $1,698,000 after purchasing an additional 2,400 shares during the last quarter. Teachers Advisors LLC grew its holdings in shares of Liberty Braves Group Series C by 4.2% during the third quarter. Teachers Advisors LLC now owns 67,314 shares of the financial services provider’s stock valued at $1,834,000 after purchasing an additional 2,703 shares during the last quarter. Levin Capital Strategies L.P. bought a new position in shares of Liberty Braves Group Series C during the third quarter valued at approximately $203,000. Norman Fields Gottscho Capital Management LLC grew its holdings in shares of Liberty Braves Group Series C by 7.2% during the fourth quarter. Norman Fields Gottscho Capital Management LLC now owns 111,815 shares of the financial services provider’s stock valued at $2,783,000 after purchasing an additional 7,475 shares during the last quarter. Finally, We Are One Seven LLC bought a new position in shares of Liberty Braves Group Series C during the third quarter valued at approximately $204,000. 74.48% of the stock is owned by hedge funds and other institutional investors.

Liberty Braves Group Series C Company Profile

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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