Liberty Broadband (LBRDP) Expected to Announce Earnings on Wednesday

Liberty Broadband (NASDAQ:LBRDP) is expected to release its results before the market opens on Wednesday, February 11th. Analysts expect Liberty Broadband to post earnings of $1.30 per share and revenue of $273.30 million for the quarter.

Liberty Broadband Stock Performance

LBRDP opened at $24.12 on Monday. The firm’s fifty day moving average is $24.29 and its 200 day moving average is $24.55. Liberty Broadband has a fifty-two week low of $23.39 and a fifty-two week high of $25.55.

Liberty Broadband Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a $0.4375 dividend. The ex-dividend date was Wednesday, December 31st. This is a positive change from Liberty Broadband’s previous quarterly dividend of $0.44. This represents a $1.75 annualized dividend and a dividend yield of 7.3%.

About Liberty Broadband

Liberty Broadband Corporation (NASDAQ: LBRDP) is a holding company focused on investments in broadband communications. The company’s principal asset is a substantial equity interest in Charter Communications, one of the largest broadband connectivity companies in the United States. Liberty Broadband leverages a tracking stock structure to provide shareholders with direct exposure to the performance of its Charter stake, while maintaining a lean corporate structure that is primarily dedicated to asset management and shareholder returns.

Through its position in Charter Communications, Liberty Broadband participates indirectly in a wide range of digital video, internet and voice services.