Posts by: Steve Birenberg
Alphabet (GOOG/GOOGL) reported disappointing 1Q19 earnings driven by across the board weakness in revenue trends relative to expectations. We have noted in past earnings recaps that Alphabet was holding consistently…
After a tough stretch beginning with last August’s shocking guidance reduction, Facebook (FB) appears mostly out of the woods as far as the bear case goes. User growth at the…
After a difficult 2018, Comcast (CMCSA) shares have rebounded to challenge all-time highs reached at the beginning of last year. This might be hard to understand given the constant drumbeat…
There are no changes to the recommendations from Northlake’s Market Cap and Style models for April. The Market Cap model remains on a mid cap signal for the second consecutive…
Northlake’s Market Cap model shifted from large cap to mid cap for March after a six month run favoring large caps. As a result, client positions in large cap (S&P…
Nexstar Media Group (NXST) reported strong 4Q18 results and issued positive initial guidance for 2019 and 2020 on a standalone basis. NXST should complete its acquisition of Tribune Media in…
CBS reported slightly disappointing 4Q18 earnings although the shortfalls were small, just a few percent, and most were explained by the always tricky timing of content sales. The bigger news…
Disney (DIS) reported solid 1Q19 earnings with Theme Parks doing very well, Studio Entertainment struggling as expected against a tough comparison, and Media Networks showing improvement against strong secular headwinds…
Alphabet (GOOG/GOOGL) reported a mixed quarter relative to very high Wall Street expectations but a good quarter looking to long-term value creation. Revenue and EPS came in ahead of expectations…
Facebook (FB) reported a better than expected quarter across its financial and engagement metrics providing investors with a large dose of relief. The shares extended the recent rally off the…
follow me on Twitter