NASDAQ$FWONK

Liberty Media Corp-Liberty Formula One -C · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Liberty Media reported first quarter results, with Formula One Group's revenue significantly increased due to race recognition.

Liberty Media Corporation reported its first quarter 2021 financial results, with key highlights including SiriusXM's revenue growth and Formula One's increased revenue due to the resumption of races. The Braves also expanded capacity at Truist Park.

  • SiriusXM reported a 5% increase in first quarter revenue and a 7% increase in adjusted EBITDA.
  • Formula One announced a 10-year agreement to host the Miami Grand Prix beginning in 2022.
  • The Braves expanded capacity at Truist Park to 100% beginning May 7th.
  • Liberty Media published disclosure aligned with Sustainability Accounting Standards Board standards.

Headline financials

Total Revenue

$2.25B

Previous: $2.01B+12.0%
EPS (adj)

-$0.20

No prior period
Free Cash Flow

-$116M

Previous: -$76M-52.6%
Net Income

-$116M

Previous: -$76M-52.6%
Operating Income

$142M

Previous: $246M-42.3%
Cash & Equivalents

$2.99B

Previous: $1.8B+66.2%
Total Assets

$44.5B

Previous: $43.9B+1.2%

Revenue & EPS history

Liberty Formula One · Revenue · Quarterly

$2.25B

Q1 2021+12%vs Q1 2020
Beat estimate in 4 of 4 quarters(100%)
ActualEstimate

Forward guidance

Liberty Media did not provide specific forward guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-1.1%

Avg return

Earnings day

-0.3%

Avg return

5 days after

+2.0%

Avg return

30 days after

39%

12 / 31 earnings

Positive

+7.8%

Q1 2023

Best reaction

-29.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.4%+2.3%-1.1%
Q4 2025-3.1%-0.5%-8.6%
Q3 2025+0.7%+1.1%-8.5%
Q2 2025-2.4%-3.1%+1.1%
Q1 2025+2.4%+3.0%+8.3%
Q4 2024-3.3%-4.1%-6.3%
Q3 2024-1.6%-2.3%+13.3%
Q2 2024+1.6%-1.0%-1.8%
Q1 2024-0.8%-4.3%-0.2%
Q4 2023-4.1%+5.8%-4.8%
Q3 2023-1.0%+0.5%-3.1%
Q2 2023-29.7%-3.6%-5.3%
Q1 2023+7.8%+0.4%+1.9%
Q4 2022-1.9%+8.6%+10.3%
Q3 2022-0.3%-6.8%+9.1%
Q2 2022+0.1%+4.0%-4.5%
Q1 2022-8.4%-3.9%+2.2%
Q4 2021+0.2%-3.4%+6.0%
Q3 2021+6.4%+3.7%+9.1%
Q2 2021-0.7%+2.1%+8.4%
Q1 2021-1.4%-5.2%-3.5%
Q3 2020+1.6%+6.5%+12.0%
Q2 2020-0.7%+1.8%+0.6%
Q1 2020-2.9%-6.1%+18.0%
Q3 2019+1.3%+2.3%+3.4%
Q2 2019+4.0%+2.5%+8.4%
Q1 2019+4.1%-0.5%+1.2%
Q3 2018-0.1%-5.1%-5.0%
Q2 2018-3.3%+0.3%-0.8%
Q1 2018-2.8%-4.1%+1.4%
Q1 2016-0.8%
Q4 2015
Q2 2015
Q3 2015
Q1 2015
Q2 2014
Q4 2014
Q3 2014
Q1 2014
Q4 2013
Q2 2013
Q3 2013
Q3 2012
Q1 2012
Q1 2013
Q4 2012
Q2 2012

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