Liberty Media Corp. (LMCA, LMCB) reported that its fourth-quarter net earnings attributable to stockholders fell sharply to $25 million, from $293 million in the year ago quarter.
Also, Quarterly revenues dropped by 52 percent to $467 million, from $973 million in the year-ago quarter
Analysts polled by Thomson Reuters expected the company to report earnings of $0.59 per share on revenues of $551.88 million for the quarter. Analysts' estimates typically exclude special items.
In addition, from November 1, 2012 through January 11, 2013, the company said it purchased 0.7 million shares of Series A Liberty Capital common for $109.49 per share and a total cash consideration of $78.2 million.
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