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Zacks: Brokerages Anticipate Liberty Braves Group Series C (BATRK) to Announce -$0.91 EPS

Wall Street brokerages expect Liberty Braves Group Series C (NASDAQ:BATRK) to announce ($0.91) earnings per share for the current quarter, according to Zacks. Zero analysts have provided estimates for Liberty Braves Group Series C’s earnings. Liberty Braves Group Series C posted earnings of $0.07 per share during the same quarter last year, which suggests a negative year over year growth rate of 1,400%. The firm is scheduled to announce its next quarterly 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 year. For the next financial year, analysts expect that the firm will report earnings of ($0.92) per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Liberty Braves Group Series C.

Separately, ValuEngine raised Liberty Braves Group Series C from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd.

Several institutional investors have recently modified their holdings of the company. Swiss National Bank boosted its position in 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 raised its holdings in 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 buying an additional 2,703 shares in the last quarter. Levin Capital Strategies L.P. bought a new position in Liberty Braves Group Series C during the third quarter valued at about $203,000. We Are One Seven LLC bought a new position in Liberty Braves Group Series C during the third quarter valued at about $204,000. Finally, MetLife Investment Advisors LLC raised its holdings in Liberty Braves Group Series C by 55.0% during the third quarter. MetLife Investment Advisors LLC now owns 24,823 shares of the financial services provider’s stock valued at $676,000 after buying an additional 8,813 shares in the last quarter. 70.25% of the stock is owned by institutional investors and hedge funds.

Shares of Liberty Braves Group Series C stock traded down $0.20 during midday trading on Friday, hitting $25.26. The company’s stock had a trading volume of 114,063 shares, compared to its average volume of 170,267. The stock has a market cap of $1.01 billion, a PE ratio of -49.53 and a beta of 1.05. Liberty Braves Group Series C has a 1-year low of $21.61 and a 1-year high of $27.96.

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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