Liberty Media Corporation – Liberty Live Series C (LLYVK) Projected to Post Quarterly Earnings on Wednesday

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) will likely be posting its results before the market opens on Wednesday, November 4th. Analysts expect the company to announce earnings of $1.06 per share and revenue of $75.30 million for the quarter.

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($2.92) EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($3.34). The firm had revenue of $147.06 million for the quarter, compared to analysts’ expectations of $93.63 million. On average, analysts expect Liberty Media Corporation – Liberty Live Series C to post ($7.69) EPS for the current fiscal year and ($3.38) EPS for the next fiscal year.

Liberty Media Corporation – Liberty Live Series C Stock Up 0.7%

Shares of NASDAQ:LLYVK opened at $100.28 on Wednesday. The firm’s 50 day simple moving average is $100.05 and its 200-day simple moving average is $97.18. Liberty Media Corporation – Liberty Live Series C has a one year low of $76.93 and a one year high of $109.75.

Insider Activity at Liberty Media Corporation – Liberty Live Series C

In related news, major shareholder John Malone sold 29,593 shares of the company’s stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $98.16, for a total transaction of $2,904,848.88. Following the completion of the transaction, the insider owned 3,186,342 shares in the company, valued at $312,771,330.72. This represents a 0.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Analyst Ratings Changes

Several research firms have issued reports on LLYVK. Zacks Research upgraded Liberty Media Corporation – Liberty Live Series C from a “strong sell” rating to a “hold” rating in a research note on Friday, October 9th. Wall Street Zen raised Liberty Media Corporation – Liberty Live Series C from a “sell” rating to a “hold” rating in a research report on Saturday, September 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series C Company Profile

Liberty Media Corporation’s Liberty Live Group is represented by its Series C tracking stock, traded on the Nasdaq under the symbol LLYVK. A tracking stock is designed to reflect the economic performance of a specific business group within a broader corporate structure rather than the performance of Liberty Media as a whole.

The Liberty Live Group primarily represents Liberty Media’s investment in Live Nation Entertainment, a global live entertainment company. Live Nation promotes concerts and events, operates and manages entertainment venues, and provides ticketing services through its Ticketmaster business.