Formula One Group (NASDAQ:FWONA) is set to announce Q2 earnings on Thursday, August 7th, before market open. The consensus EPS estimate is $0.49, and the consensus revenue estimate is $1.26B.
Formula One Group (NASDAQ:FWONA), a subsidiary of Liberty Media Corporation, is set to announce its Q2 earnings on Thursday, August 7th, before the market opens. Analysts are expecting the company to report earnings per share (EPS) of $0.49 and revenue of $1.26 billion for the quarter [2].
The consensus EPS estimate is $0.49, indicating a slight improvement from the previous quarter. The revenue estimate of $1.26 billion reflects a steady performance, aligning with the company's strategic initiatives and market position [2]. Analysts have provided a range of price targets, with the average target being $113.92, representing a 14.77% upside from the current price of $99.26 [3].
Several analysts have given the stock a "Moderate Buy" rating, with target prices varying from $107.00 to $120.00. Rosenblatt Securities, JPMorgan Chase & Co., and Guggenheim have all raised their target prices, while Sanford C. Bernstein has maintained a "hold" rating [1]. Despite the positive momentum, investors should monitor the company's financial performance and be cautious of potential overbought technical indicators [3].
In other news, Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK) is also scheduled to release its quarterly earnings on August 7th, with analysts predicting earnings of $0.89 per share and revenue of $1.28 billion. The stock has a consensus rating of "Moderate Buy" with a target price of $107.25 [1].
Investors should closely monitor both earnings reports to gauge the performance of the Formula One Group and Liberty Media Corporation. The upcoming earnings announcements could provide valuable insights into the companies' financial health and future prospects.
References:
[1] https://www.marketbeat.com/instant-alerts/liberty-media-corporation-liberty-formula-one-series-c-fwonk-to-release-quarterly-earnings-on-thursday-2025-07-31/
[2] https://seekingalpha.com/news/4479946-formula-one-group-q2-earnings-preview
[3] https://www.tipranks.com/stocks/fwonk/forecast
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