NASDAQ$FWONK

Liberty Media Corp-Liberty Formula One -C · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Formula One reported revenue growth driven by increased race promotion, media rights, and sponsorship fees.

Formula One's Q3 2022 earnings show a strong performance driven by diversified revenue streams and multi-year contracts. Key areas of growth include race promotion, media rights, and sponsorship.

  • Formula 1 has a diversified & stable business model.
  • Multi-year contracts with key business partners across Media Rights, Race Promotion & Sponsorship.
  • Race Promotion contracts typically have annual escalators and promoters’ principal source of income is ticketing.
  • Media Rights contracts usually include annual escalators and includes F1TV OTT revenue.

Headline financials

Total Revenue

$3.25B

Previous: $3.1B+4.7%
EPS (adj)

$0.31

Previous: -$0.22+240.9%
Free Cash Flow

$391M

Previous: $328M+19.2%
Net Income

$391M

Previous: $328M+19.2%
Operating Income

$506M

Previous: $702M-27.9%
Cash & Equivalents

$2.54B

Previous: $2.86B-11.1%
Total Assets

$43.2B

Previous: $44.4B-2.7%

Revenue & EPS history

Liberty Formula One · Revenue · Quarterly

$3.25B

Q3 2022+4.7%vs Q3 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

No forward guidance was provided in the 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 Q3 2022

Historical avgQ3 2022

-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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