Atlanta Braves Holdings Inc

Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services. Pandora provides music, comedy, and a podcast streaming discovery platform. The Formula 1 segment focuses on the global motorsports business that holds exclusive commercial rights with respect to the World Championship, an annual, motor race-based competition. The company was founded on March 28, 1991, and is headquartered in Englewood, CO.

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Atlanta Braves Holdings Inc reports strong Q2 performance post-split-off

BATRK showcased strong performance with revenue growth and increased ticket sales, while Liberty SiriusXM and Formula One Group reported positive financial results post-split-off.
Challenges include lower-than-expected team payments and increased costs for the Vegas project, but opportunities lie in future events and strategic business alignments.
Overall, the outlook is positive for Formula One Group and the Las Vegas Grand Prix, with Liberty SiriusXM exploring cash flow leverage strategies.

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Atlanta Braves Holdings, Inc. owns and operates a Major League Baseball (MLB) club. It operates through the Baseball and Mixed-Use Development segments. The Baseball segment includes its operations relating to the Braves baseball franchise and Truist Park and includes revenue generated from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites, and premium seat fees, retail and licensing revenue, shared MLB revenue streams, including national broadcasting rights and licensing, and other sources. Ticket sales, concessions, broadcasting rights and advertising sponsorship sales are the baseball segment's primary revenue drivers. The Mixed-Use Development segment includes retail, office, hotel and entertainment operations within The Battery Atlanta. The Battery Atlanta derives revenue primarily from office and retail rental income including overage rent and tenant reimbursements and, to a lesser extent, parking and advertising sponsorships. The company was founded on December 7, 2022 and is headquartered in Atlanta GA.

Agilon Health

AGL, AFLYY and BATRK have been added to the Zacks Rank #5 (Strong Sell) List on November 19, 2024.

New Strong Sell Stocks for November 19th

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA ) Q3 2024 Results Conference Call November 6, 2024 10:00 AM ET Company Participants Jennifer Giglio - Senior Vice President of Communications Terry McGuirk - President and CEO Derek Schiller - President & CEO, Atlanta National League Baseball Club Jill Robinson - Executive VP, CFO & Treasurer Conference Call Participants Ben Swinburne - Morgan Stanley Barton Crockett - Rosenblatt Securities David Joyce - Seaport Research Partners Matthew Harrigan - Benchmark Operator Greetings. Welcome to the Atlanta Braves Holdings 2024 Third Quarter Earnings Call.

Atlanta Braves Holdings, Inc. (BATRA) Q3 2024 Earnings Call Transcript

Atlanta Braves Holdings (BATRK) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to loss of $0.10 per share a year ago.

Atlanta Braves Holdings (BATRK) Lags Q3 Earnings and Revenue Estimates

Atlanta Braves Holdings (BATRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Atlanta Braves Holdings (BATRK) Reports Next Week: Wall Street Expects Earnings Growth

The Atlanta Braves' early playoff exit should have limited financial impact, with a slight revenue dip but continued strong fan engagement and ticket sales. The Braves' postseason appearance and high season ticket renewal rates indicate robust fan support and potential revenue growth for 2025. Voting shares (BATRA) are less liquid and offer minimal voting power compared to non-voting shares (BATRK), making BATRK a better investment.

Atlanta Braves: BATRK Or BATRA? Don't Pay Up For The Vote

ATLANTA--(BUSINESS WIRE)--2024 Q3 Earnings Announcement.

Atlanta Braves Holdings Announces Third Quarter Earnings Release and Quarterly Conference Call

Here is how Atlanta Braves Holdings (BATRK) and Federal Signal (FSS) have performed compared to their sector so far this year.

Is Atlanta Braves Holdings, Inc. (BATRK) Stock Outpacing Its Conglomerates Peers This Year?

Is Atlanta Braves Holdings, Inc. (BATRK) Outperforming Other Conglomerates Stocks This Year?

Has Atlanta Braves Holdings, Inc. (BATRK) Outpaced Other Conglomerates Stocks This Year?

Atlanta Braves Holdings (BATRK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Atlanta Braves Holdings (BATRK) Upgraded to Buy: Here's Why

Atlanta Braves Holdings (BATRK) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to loss of $0.55 per share a year ago.

Atlanta Braves Holdings (BATRK) Tops Q2 Earnings Estimates

The Q1 financial performance for Atlanta Braves Holdings matched the teams' hot start to the season, 4th best record in the National League. Baseball revenue was steady, real estate growth has been strong, with losses slightly higher due to player salaries and expenses. Comparable transactions in baseball and basketball show the Braves' valuation is laughably cheap, with the potential for a future sale due to high team values in other leagues.

Atlanta Braves: Good Start To The Year And Good Transactions

The average of price targets set by Wall Street analysts indicates a potential upside of 26.3% in Atlanta Braves Holdings (BATRK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Atlanta Braves Holdings (BATRK) Could Rally 26.29%: Here's is How to Trade

Atlanta Braves (BATRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Atlanta Braves (BATRK): Strong Industry, Solid Earnings Estimate Revisions

After losing some value lately, a hammer chart pattern has been formed for Atlanta Braves Holdings (BATRK), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bears are Losing Control Over Atlanta Braves Holdings (BATRK), Here's Why It's a 'Buy' Now

The Liberty Braves Group (BATRA) Q4 2023 Earnings Call Transcript

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Atlanta Braves Holdings Reports Fourth Quarter and Year End 2023 Financial Results.

Atlanta Braves Holdings Reports Fourth Quarter and Year End 2023 Financial Results

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Atlanta Braves Holdings Announces Fourth Quarter Earnings Release and Quarterly Q&A Conference Call.

Atlanta Braves Holdings Announces Fourth Quarter Earnings Release and Quarterly Q&A Conference Call

The Atlanta Braves, recently split off from Liberty Media, is an attractive acquisition target for potential buyers. Sports teams often trade on a multiple of revenue, and the Braves has consistently been profitable with control over their television rights and a significant real estate development. The valuation of the Braves, considering both the baseball revenue and the real estate, suggests a potential stock price increase from the current market cap.

Atlanta Braves: This Yankees Fan Is A Buyer

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Sirius XM Holdings Inc

Warren Buffett is widely regarded as the most well-known, famous, and successful investor of all time. As such, his investment decisions and changes to his holdings are closely monitored and highly anticipated by the investing community.

Buffett's latest portfolio additions, trims, and cuts in Q3

The Liberty Braves Group (NASDAQ:BATRA ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Shane Kleinstein - Vice President, Investor Relations Gregory Maffei - President and Chief Executive Officer Stefano Domenicali - President and Chief Executive Officer of Formula One Brian Wendling - Chief Accounting and Principal Financial Officer Renee Wilm - Chief Legal and Admin Officer, Liberty Broadband Derek Schiller - President and CEO of the Atlanta Braves Conference Call Participants David Karnovsky - JPMorgan Benjamin Swinburne - Morgan Stanley Bryan Kraft - Deutsche Bank Vijay Jayant - Evercore Stephen Laszczyk - Goldman Sachs Stephen Glagola - TD Cowen David Joyce - Seaport Research Partners Jason Bazinet - Citi Barton Crockett - Rosenblatt Securities Operator Welcome to the Liberty Media Corporation's 2023 Q3 Earnings Call. [Operator Instructions] As a reminder, this conference will be recorded November 3.

The Liberty Braves Group (BATRA) Q3 2023 Earnings Call Transcript

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Workday

Energy Transfer LP, Cassava Sciences, and PENN Entertainment Inc. were discussed in last week's insider trades update. CEO of Sirius XM Holdings Inc., Jennifer Witz, purchased 250,000 shares for over $1 million. Lyft, Inc. shares have risen nearly 20% since the introduction of new CEO David Risher in April, and insiders like the stock also.

Week Of 08/28 Notable Insider Buys

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances.

Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances

Liberty Media Corp. LSXMA, -0.19% LSXMB, +10.40% FWONA, +0.15% FWONK, +0.05% BATRA, +0.36% BATRK, +0.58% said Friday it plans to complete its previously announced redemptive split-off of the MLB Atlanta Braves team parent Atlanta Braves Holding Inc. on July 18 after the market close. It also expects to complete its previously announced reclassification of Liberty Media's existing common stock and the creation of the new Liberty Live common stock on Aug. 3 after market close.

Liberty Media to split off Atlanta Braves stock on July 18

The Atlanta Braves represent a unique and scarce asset with significant brand value, offering potential for market-beating returns upon a sale of the team. Recent sales of sports teams suggest the Braves could be worth between 6-9x revenue, offering upside potential for investors. Risks include chronic stagnation of the share price in the absence of a sale and potential negative impacts from exogenous events, such as COVID-19.

News for Atlanta Braves Holdings Inc Stock (BATRK)