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Formula One Group Q1 2024 Earnings Report

Formula One Group logo
$94.23 -0.42 (-0.44%)
(As of 12/20/2024 05:51 PM ET)

Formula One Group EPS Results

Actual EPS
$0.32
Consensus EPS
$0.11
Beat/Miss
Beat by +$0.21
One Year Ago EPS
N/A

Formula One Group Revenue Results

Actual Revenue
$550.00 million
Expected Revenue
$591.77 million
Beat/Miss
Missed by -$41.77 million
YoY Revenue Growth
N/A

Formula One Group Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

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Formula One Group Earnings Headlines

Liberty Formula One upgraded to Overweight from Equal Weight at Morgan Stanley
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About Formula One Group

Formula One Group (NASDAQ:FWONK), through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.

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