Liberty Media Corporation – Liberty Live Series A (LLYVA) Expected to Release Quarterly Earnings on Thursday

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) is projected to release its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $0.42 per share and revenue of $94.00 million for the quarter.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last announced its earnings results on Thursday, May 7th. The company reported ($3.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). The business had revenue of $63.62 million for the quarter, compared to analyst estimates of $70.40 million. On average, analysts expect Liberty Media Corporation – Liberty Live Series A to post $-3 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Liberty Media Corporation – Liberty Live Series A Trading Up 0.6%

Shares of LLYVA stock opened at $100.06 on Thursday. The company has a market cap of $9.21 billion, a PE ratio of -28.27 and a beta of 0.92. Liberty Media Corporation – Liberty Live Series A has a 12-month low of $74.38 and a 12-month high of $105.47. The business’s fifty day simple moving average is $97.39 and its 200-day simple moving average is $92.90.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a report on Friday, May 29th. Zacks Research upgraded Liberty Media Corporation – Liberty Live Series A from a “strong sell” rating to a “hold” rating in a research report on Friday, July 10th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Liberty Media Corporation – Liberty Live Series A

Several hedge funds have recently bought and sold shares of LLYVA. Mercer Global Advisors Inc. ADV boosted its holdings in Liberty Media Corporation – Liberty Live Series A by 66.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 4,224 shares of the company’s stock valued at $344,000 after purchasing an additional 1,685 shares during the period. KKM Financial LLC purchased a new position in Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $1,178,000. ValueAct Holdings L.P. raised its stake in Liberty Media Corporation – Liberty Live Series A by 4.6% during the 4th quarter. ValueAct Holdings L.P. now owns 1,799,319 shares of the company’s stock worth $146,644,000 after acquiring an additional 79,771 shares in the last quarter. Toronto Dominion Bank acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the fourth quarter worth about $1,630,000. Finally, Tudor Investment Corp ET AL increased its position in Liberty Media Corporation – Liberty Live Series A by 126.6% during the fourth quarter. Tudor Investment Corp ET AL now owns 22,658 shares of the company’s stock worth $1,847,000 after buying an additional 12,661 shares during the period. Institutional investors and hedge funds own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Company Profile

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.