Tribune: Earnings Stabilizing But No Growth

Tribune (TRB) reported slightly better than expected 4Q06 earnings with adjusted EPS coming in at 65 cents against a consensus estimate of 61 cents. Revenues also come in ahead of expectations at $1.47 billion vs. a consensus estimate of $1.43. 4Q06 contained an extra week compared to 4Q05 so it is possible some of the […]

Disney: Strong 1Q07 Earnings Support Higher Target Price

Disney (DIS) reported much better than expected 1Q07 earnings with EPS coming in at 50 cents against a consensus estimate of 39 cents. Revenues were also better than expected at $9.7 billion vs. an estimate of $9.5 billion. I don’t see any unusual items that would impact the 50 cent figure so this looks like […]