Liberty Broadband's Q2 earnings at $1.36 missed estimates by $1.15, while Morgan Stanley raised its price target.

Liberty Broadband (LBRDK) Q2 earnings at $1.36 missed analysts' consensus estimates of $2.51 by $1.15, but Morgan Stanley raised its price target from $62.00 to $69.00 and gave an "equal weight" rating. Revenue was $246M, just above the estimated $244.25M. The company operates in Alaska's communications sector providing data, wireless, video, voice, and managed services.

August 11, 2024
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