Zacks: Analysts Anticipate Liberty Braves Group Series C (NASDAQ:BATRK) to Post $0.60 EPS

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Equities analysts expect Liberty Braves Group Series C (NASDAQ:BATRK) to announce $0.60 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Liberty Braves Group Series C’s earnings. Liberty Braves Group Series C reported earnings of $0.80 per share in the same quarter last year, which would indicate a negative year over year growth rate of 25%. The firm is expected to announce its next quarterly earnings results on Thursday, November 14th.

On average, analysts expect that Liberty Braves Group Series C will report full year earnings of ($0.67) per share for the current fiscal year. For the next year, analysts forecast that the company will post earnings of ($0.42) per share. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Liberty Braves Group Series C.

Separately, Zacks Investment Research lowered shares of Liberty Braves Group Series C from a “buy” rating to a “hold” rating in a research note on Wednesday, June 5th.

BATRK traded up $0.04 during trading on Friday, hitting $27.63. The company had a trading volume of 26,141 shares, compared to its average volume of 94,451. The stock has a market capitalization of $1.10 billion, a P/E ratio of 276.30 and a beta of 0.76. Liberty Braves Group Series C has a one year low of $23.44 and a one year high of $29.74. The stock has a 50-day moving average of $28.17.

Several institutional investors have recently modified their holdings of BATRK. Citizens Financial Group Inc RI acquired a new position in Liberty Braves Group Series C during the 1st quarter worth approximately $28,000. Advisor Group Inc. increased its position in Liberty Braves Group Series C by 40.4% during the 2nd quarter. Advisor Group Inc. now owns 1,453 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 418 shares in the last quarter. Osborn Williams & Donohoe LLC acquired a new position in Liberty Braves Group Series C during the 1st quarter worth approximately $56,000. Royal London Asset Management Ltd. acquired a new position in Liberty Braves Group Series C during the 1st quarter worth approximately $56,000. Finally, Bank of Montreal Can increased its position in Liberty Braves Group Series C by 750.5% during the 2nd quarter. Bank of Montreal Can now owns 3,402 shares of the financial services provider’s stock worth $95,000 after purchasing an additional 3,002 shares in the last quarter. 74.77% of the stock is owned by institutional investors.

About Liberty Braves Group Series C

The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, stadium, and mixed use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.

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