|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||55.16 - 57.25|
|52-week range||9.29 - 57.25|
|PE ratio (TTM)||144.38|
|Earnings date||13 Feb 2018 - 19 Feb 2018|
|Forward dividend & yield||0.72 (1.27%)|
|1y target est||70.82|
The National Football League's weak viewership has Wall Street on edge, and the numbers aren't looking any better for Week 10.
It's been a difficult year for Walt Disney (DIS), with the shares tumbling 1.1%, although other media stocks have had it worse, like its potential target 21st Century Fox (FOXA), down 1.7% year to date. However, Loop Capital Markets David Miller doesn't think that the situation will improve any time soon. Miller's note comes on the heels of Disney's disappointing earnings report out last week, that initially hurt the stock, until it revealed its plans for new Star Wars content and a streaming service that's cheaper than Netflix(NFLX). Miller writes that the stocks' performance wasn't down to a stabilization in Disney's core cable subscriber base, but rather the news of the new streaming service and content--and he thinks investors are getting too optimistic too quickly.
SYDNEY (Reuters) - CBS Corp's (CBS.N) buyout of embattled Australian broadcaster Ten Network Holdings (TEN.AX) won approval from an Australian court on Friday, leaving only sign-off from the nation's securities ...
WASHINGTON (Reuters) - The Federal Communications Commission said Thursday it had approved Entercom Communications Corp's (ETM.N) deal to buy CBS Radio Inc on condition that it divest some additional radio ...
Media stocks shined on Tuesday as investor sentiment was lifted by the prospects of dealmaking within the sector.
CBS Corp. said in a filing with the Securities and Exchange Commission that it plans to purchase a group annuity contract, which will require an insurance company to pay out pension payments. The contract ...
CBS reported mixed fiscal third quarter results on November 2, as its earnings came in ahead of expectations but revenues missed. The company’s stock slid slightly after the Q3 results announcement, largely due to declines in advertising sales, offset by growth in affiliate and subscription fees
Despite reporting earnings beat, the company's stock declined 1.1% during after-hour trading session yesterday as investors were hurt by lower-than-expected revenues.
The New York-based broadcaster, home to such popular shows as "The Big Bang Theory" and "Homeland," reported a profit of $1.11 per share, beating analysts' average estimate of $1.07. "CBS makes money through subscriptions and advertising and both of these are at risk," said Brett Harriss, an analyst at Gabelli & Co, a Rye, New York-based firm that is the second largest shareholder of controlling shares of CBS. CBS Chief Executive Officer Leslie Moonves told analysts on a call on Thursday that it makes double the amount from an online streaming service subscriber than it does from a traditional cable or satellite subscriber.
Shares of CBS Corp. were flat late Thursday after the media company reported third-quarter sales below targets and adjusted per-share earnings above expectations. CBS said it earned $592 million, or $1.46 ...
The New York-based company said it had net income of $1.46 per share. Earnings, adjusted for one-time gains and costs, came to $1.11 per share. The results exceeded Wall Street expectations. The average ...
CBS Corp (CBS) top-line is expected to decline year over year in the third quarter. We believe that this might be due to fall in revenues from advertising sales and content group.
‘We experienced — and endured — everything the early internet era had to throw at us, including a crash of the site at the very moment we were introducing it to the public at CBS headquarters,’ writes ...
Welcome to the fourth episode of Full-Court Finance, the new podcast from Zacks Investment Research focused on the intersection of sports, business, and the stock market. This week, we dive into how the rise of streaming content might impact live sports as well their linear TV partners.
As we approach third-quarter earnings season for media companies, Bernstein's Todd Juenger has out his regular preview for the sector, and while he's argued for some time now that things look pretty bad for the group, he thinks that finally, investors may be willing to accept this downbeat outlook as well.
The U.S. Federal Communications Commission will vote next month to allow broadcasters to voluntarily use a new technology to improve picture quality and allow better reception on mobile phones, the agency said on Thursday. The FCC in February granted initial approval for the advanced standard that would also let broadcasters use a TV set that is turned off to send emergency alerts, but would require TV owners to eventually buy new sets or converter boxes. FCC Chairman Ajit Pai said on Thursday Net Generation TV would be "the first standard to marry the advantages of broadcasting and the Internet.
CBS Corp. on Monday said it has renewed new hit show "Star Trek: Discovery" for a second season. "Star Trek: Discovery" is currently one of CBS All Access' two original series streaming ...