NASDAQ$LBRDA

Liberty Broadband Corporation · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Liberty Broadband's financial performance for Q3 2021 was reported, with key activities including share repurchases and GCI's revenue growth.

Liberty Broadband reported Q3 2021 results, noting the fair value of its Charter investment at $40 billion. The company repurchased shares and GCI's revenue grew by 1%.

  • Fair value of Charter investment was $40 billion as of September 30th.
  • Liberty Broadband received $1.2 billion from sale of 1.5 million Charter shares.
  • Liberty Broadband repurchased 5.3 million LBRDA/K shares for $935 million.
  • GCI grew revenue 1% to $246 million.

Headline financials

Total Revenue

$250M

Previous: $4.22M+5830.8%
EPS (adj)

$1.29

Previous: $0.38+239.5%
Consumer wireless lines

188.8K

Previous: 179.6K+5.1%
Cable modem subscribers

147.8K

Previous: 138.2K+6.9%
Capital Expenditures

-$91.2M

Previous: -$42K-217088.1%
Free Cash Flow

$146M

Previous: $68.9M+111.3%
Net Income

$237M

Previous: $69M+243.5%
Operating Income

$25.2M

Previous: -$16.3M+254.6%
Gross Profit

$180M

Previous: $1.7M+10508.0%
Cash & Equivalents

$319M

Previous: $400M-20.2%
Total Assets

$18.4B

Previous: $12.9B+43.4%
Stock-Based Comp

$10.6M

Previous: $2M+428.5%

Revenue & EPS history

Liberty Broadband · Revenue · Quarterly

$250M

Q3 2021+5,830.8%vs Q3 2020
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Liberty Broadband · $246M total across 1 segment · Q3 2021

  • GCI Holdings
    $246M

Forward guidance

This document does not contain any forward guidance.

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 2021

Historical avgQ3 2021

+0.8%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-0.9%

Avg return

30 days after

65%

33 / 51 earnings

Positive

+8.9%

Q3 2020

Best reaction

-6.1%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-1.4%-15.0%
Q3 2025+2.1%-4.4%-6.8%
Q1 2025+0.1%-0.1%+1.2%
Q4 2024+2.1%+5.5%+8.0%
Q3 2024-3.4%-3.5%-14.8%
Q2 2024+1.1%-0.9%-5.5%
Q1 2024-1.0%+1.8%-0.4%
Q4 2023+1.4%-1.3%-5.6%
Q3 2023-1.0%-1.7%-1.8%
Q2 2023-1.1%-1.0%-1.4%
Q1 2023-3.3%-4.8%-11.1%
Q4 2022-6.1%-4.8%-16.4%
Q3 2022+1.3%+0.1%+12.6%
Q2 2022+3.0%+2.0%-12.9%
Q1 2022+1.2%-1.6%+7.7%
Q4 2021+2.4%-4.2%-5.5%
Q3 2021+0.0%+0.4%-6.3%
Q2 2021-1.3%-0.3%+4.6%
Q1 2021+2.2%+0.4%+0.5%
Q4 2020+5.0%+3.3%+5.4%
Q3 2020+8.9%+4.4%+15.9%
Q2 2020-2.8%-2.7%-3.8%
Q1 2020+2.8%-0.1%+8.7%
Q4 2019-2.7%-4.2%-18.0%
Q3 2019+0.2%+0.4%+1.6%
Q2 2019+1.2%+1.0%+11.8%
Q1 2019+0.8%-1.4%+2.6%
Q4 2018-2.8%-2.3%-1.1%
Q3 2018-2.6%-2.0%-4.1%
Q2 2018+1.6%+0.4%+3.9%
Q1 2018-1.5%+1.7%-4.6%
Q4 2017-1.7%+0.3%-3.0%
Q3 2017+0.7%-0.3%-3.8%
Q2 2017-0.7%-1.8%+1.1%
Q1 2017-0.4%-1.2%+3.3%
Q4 2016+0.4%-0.0%-0.5%
Q3 2016+4.7%+4.8%+9.2%
Q2 2016-1.5%+3.6%+11.8%
Q1 2016+1.9%
Q2 2015+4.6%
Q4 2015+4.6%
Q3 2015+0.9%
Q1 2015-0.6%
Q1 2014-0.6%
Q2 2014+4.4%
Q4 2014+4.4%
Q2 2013+4.4%
Q1 2013+4.4%
Q3 2014+0.7%
Q4 2013+0.7%
Q3 2013+0.7%

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