Liberty Interactive Second Quarter Earnings Sneak Peek

Liberty Interactive Inc. (NASDAQ:LINTA) will unveil its latest earnings on Tuesday, August 9, 2011. A holding company through its ownership of interests in subsidiaries and other companies is engaged in the video and on-line commerce, media, communications and entertainment industries.

Liberty Interactive Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 20 cents per share, a rise of twofold from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 17 cents. Between one and three months ago, the average estimate moved up, and has risen from 18 cents during the last month. For the year, analysts are projecting profit of 76 cents per share, a decline of 47.2% from last year.

Past Earnings Performance: The company missed estimates last quarter by reporting net income of 7 cents per share against a mean estimate of profit of 12 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $2.22 billion in revenue this quarter, a rise of 8.3% from the year ago quarter. Analysts are forecasting total revenue of $9.5 billion for the year, a rise of 6.4% from last year’s revenue of $8.93 billion.

Analyst Ratings: Analysts are bullish on this stock with five analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 6.6% to $2.16 billion in first quarter. The figure rose 6.5% in the fourth quarter of the last fiscal year from the year earlier, climbed 7.7% in the third quarter of the last fiscal year from the year-ago quarter and 6% in the second quarter of the last fiscal year.

Competitors to Watch: Liberty Media Corp (NASDAQ:LSTZA), Liberty Media Corp (NASDAQ:LCAPA), Outdoor Channel Hldgs., Inc. (NASDAQ:OUTD), Scripps Networks Interactive, Inc. (NYSE:SNI), CBS Corporation (NYSE:CBS), Crown Media Holdings, Inc (NASDAQ:CRWN), Discovery Communications Inc. (NASDAQ:DISCA), NTN Buzztime, Inc. (AMEX:NTN), and ValueVision Media, Inc. (NASDAQ:VVTV).

Stock Price Performance: During May 9, 2011 to August 3, 2011, the stock price had fallen $2.83 (-15.4%) from $18.40 to $15.57. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10-straight days, rising 11.1% (+$1.77) over that span. It saw one of its worst periods between June 2, 2011 and June 20, 2011 when shares fell for 13-straight days, falling 14.3% (-$2.58) over that span. Shares are down 20 cents (-1.3%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock >>