Comcast Earnings Preview: Will estimates come down again?

Comcast reports 1Q09 results before the open on Thursday. Analysts expectations are for a mid single digit increase in revenue and EBITDA with strong free cash flow performance. Headline numbers should be 23 cents in EPS on revenues of $8.76 billion. Investors will be looking for two takeaways from the numbers and call. First, subscriber […]

Viacom Earnings Preview: Is Advertising Stabilizing?

Viacom is expected to report 1Q09 EPS of 26 cents on revenue $2.97 billion. Both figures produce negative year –over-year growth as the company struggles with weak ratings at its TV networks, higher programming expenses to fix the ratings, and continued lagging performance for its film studio. Despite bleak fundamentals, the stock has rallied sharply […]