Key Details
Price
$95.71Last Dividend
$1.23Annual ROE
2.77%Beta
0.58Events Calendar
Next earnings date:
Feb 28, 2025Recent quarterly earnings:
Nov 07, 2024Recent annual earnings:
Feb 28, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
July 20, 2023Next split:
N/ARecent split:
July 20, 2023Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Liberty Media Corporation - Liberty Formula One Series C (FWONK) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
Liberty Media Corporation - Liberty Formula One Series C (FWONK) reported quarterly earnings of $0.48 per share, which is higher than the Zacks Consensus Estimate of $0.30 per share. This is an increase compared to earnings of $0.39 per share from the same period last year.
Formula One Group (NASDAQ: FWONK) is set to grow due to increasing sports media rights, a larger race schedule, and improved ways to earn from sponsorships and digital platforms. Its unique commercial rights, strong intellectual property control, and smart acquisitions like Moto-GP give it a competitive advantage and opportunities for growth. However, there are risks such as possible changes in profit-sharing agreements for teams, dependence on government race fees, and fluctuations in advertising sponsorship growth.
The Formula One Group (NASDAQ:FWONK) will hold its Q2 2024 Results Conference Call on August 8, 2024, at 10:00 AM ET. Key participants from the company include Clare Adams, Greg Maffei, Brian Wendling, Stefano Domenicali, Derek Schiller, and Renee Wilm. Various analysts from firms like Goldman Sachs, JPMorgan, and Morgan Stanley will also join the call, which will be recorded.
Sylvia Jablonski, Defiance ETFs, joins ‘Power Lunch' to discuss three stocks: Kellanova, Liberty Media Formula One and Zscaler.
Liberty Media (FWONK) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.35 per share a year ago.
Liberty Media (FWONK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Renewed revenue growth has been driven by a strategic initiative to target new customers. Netflix's Drive to Survive, new tracks globally, and digital expansion are key growth drivers that have been highly successful.
FAQ
- What is the primary business of Formula One?
- What is the ticker symbol for Formula One?
- Does Formula One pay dividends?
- What sector is Formula One in?
- What industry is Formula One in?
- What country is Formula One based in?
- When did Formula One go public?
- Is Formula One in the S&P 500?
- Is Formula One in the NASDAQ 100?
- Is Formula One in the Dow Jones?
- When was Formula One's last earnings report?
- When does Formula One report earnings?
- Should I buy Formula One stock now?