Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- 3 Dreamy Small-Cap Stocks
- Correction or Summer Range Trade?
- Hitting Home Runs & Grand Slams, Not Loud Outs
- Hedge Your Portfolio with the Equity Bear ETF
- Machinery Industry Stock Outlook - May 2013
- Determining Correct Position Size with Options
- This Week's Growth & Income Stocks
- RTI: Do Stocks Tank When QE Ends?
- 3 Top-Ranked Consumer ETFs to Buy Now
- AWS 5/23: Is the Market Over-Reacting?
- PFP 5/23: Do No Harm
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/23/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 5.21% |
| CYNOSURE INC | CYNO | 4.42% |
| DAWSON GEOPH | DWSN | 4.33% |
| MARRIOTT VAC | VAC | 3.27% |
| BLOOMIN' | BLMN | 2.93% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Liberty Media Corp. (LMCA - Analyst Report) reported solid financial results for the second quarter of 2012, outpacing the Zacks Consensus Estimates. Quarterly GAAP net income was $156 million or $1.27 per share compared with a net income of $89 million or 27 cents per share. However, quarterly earnings per share of $1.27 were significantly above the Zacks Consensus Estimate of 74 cents. Quarterly total revenue of $537 million remains same year over year but surpassed the Zacks Consensus Estimate of $521 million.
In the second quarter of 2012, Liberty Media’s adjusted OIBDA (operating income before depreciation and amortization) came in at $126 million, remaining almost same year over year. Quarterly operating income was $101 million, up 7.5% year over year. In the previous quarter, Liberty Media repurchased 1.1 million shares for a total cash consideration of $95.9 million.
During the first half of 2012, Liberty Media generated $131 million of cash from operations compared with $278 million in the prior-year period. Free cash flow in the first half of 2012 was $125 million compared with $272 million in the year-ago period.
At the end of the second quarter of 2012, Liberty Media had $3,716 million of cash and cash equivalents compared with $3,929 million at the end of 2011. Total debt, at the end of the reported quarter, was $543 million compared with $1,295 million at the end of 2011. At the end of the previous quarter, debt-to-capitalization ratio was 0.09 remains flat at the end of 2011.
Starz LLC Segment
Revenue in the second quarter of 2012 was $403 million, remaining same year over year. Adjusted OIBDA decreased 8.5% year over year to $108 million. Operating income was $100 million, showing an yearly decline of 16.7%. At the end of the reported quarter, total subscribers base of Starz increased 9% to 20.7 million while its sister TV channel Encore had 34.2 million subscribers, up 4% year over year.
Major Announcement
Liberty Media has decided to spin-off its premium pay-TV network Starz LLC into a separate public company. Earlier, the company had announced its plan of considering a tax-free spin-off of its 46% stake in the satellite radio broadcaster SIRIUS XM Radio Inc. (SIRI - Analyst Report).
Recommendation
We maintain our long-term Neutral recommendation on Liberty Media. Currently, it holds a short-term Zacks #2 Rank (Buy) on the stock.
Read the full Analyst Report on SIRI
Read the full Analyst Report on LMCA