W3Schools

Earnings Outlook: Viacom earnings: How will new CEO Bakish turn around film, network businesses?

Viacom Inc. is scheduled to report fiscal first-quarter earnings before the market opens on Thursday.

Here’s what investor can expect:

Earnings: Viacom VIAB, +0.96% is expected to report earnings of 83 cents per share for the quarter, according to analysts tracked by FactSet. That would be a nearly 30% decline compared with the company’s same quarter a year ago, but a more than 20% increase compared with its most recent fourth quarter. Viacom has matched or beat FactSet’s consensus on per-share earnings in seven of the last 10 quarters.

Estimize, which crowdsources estimates from sell-side and buy-side analysts, hedge-fund managers, executives, academics and others, expects the media and entertainment company to report earnings of 84 cents per share.

>>> Original Source <<<