Stock of the Day - March 8, 2024

Liberty Media Corporation - Liberty Formula One Series A (FWONA)

$92.06

-$1.36 (-1.5%)

Market Cap: $23.40B

About Liberty Media Corporation - Liberty Formula One Series A

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.

It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.

Today's Trend

Liberty Media Corporation - Liberty Formula One Series A (NASDAQ:FWONA) shares are under pressure today after Seaport Res Ptn issued a mix of near‐term earnings cuts and longer‐term upgrades.

Seaport Res Ptn raised its Q2 2026 EPS forecast to $0.72 from $0.69. What is Seaport Res Ptn's Forecast for FWONA Q2 Earnings?
Analysts boosted Q3 2026 EPS guidance to $0.59 from $0.56.
FY2026 EPS estimate was lifted to $1.16 from $1.01.
Long‐range forecasts saw upgrades, with FY2028 EPS to $1.66 (from $1.39) and FY2029 EPS to $1.95 (from $1.60).
BuzzFeed and Liberty Media participated in a new financial survey. BuzzFeed & Liberty Media Financial Survey
Seaport Res Ptn cut its Q3 2025 EPS estimate to $0.47 from $0.60. Seaport Res Ptn Brokers Lower Earnings Estimates for FWONA
Q4 2025 EPS view was trimmed to $0.18 from $0.27.
FY2025 EPS forecast reduced to $2.22 from $2.44.

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