Posts by: Steve Birenberg
Facebook (FB) reported mixed 3Q18 results relative to expectations. Revenues fell slightly short of estimates but operating and income and EPS beat consensus as the ramp in expenses to combat…
CBS continued its pattern of reporting modest growth against the tide of change in the TV business. 3Q18 revenues grew 3% with EPS advancing 11%. Operating income grew only 1%…
Powered by the intense election fight, political ad sales drove Nexstar Media Group (NXST) to better than expected 3Q18 earnings. Management raised guidance for the year based on the political…
Apple (AAPL) reported decent September quarter results with revenues and EPS slightly ahead of estimates. iPhone shipments came in about 1% under street estimates but were offset by better than…
Comcast (CMCSA) still has to convince us and a lot of investors of the wisdom of its acquisition of Sky Plc, Europe’s largest satellite TV provider. Fortunately, the company’s domestic…
Disney (DIS) reported a strong 4Q18 as it wrapped a good fiscal year financially and an eventful one strategically. For the year, revenue grew 8%, the best rate of growth…
There was very little moved in the indicators underlying Northlake’s Market Cap and Style models for October. As a result, neither model triggered a new signal. The Market Cap model…
Each of Northlake’s models shifted for September. The Market Cap model is now recommending large cap and the Style model is at neutral. Each of these signals moved after just…
Liberty Global (LBTYK) reported another quarter of mixed results. Headline numbers continue to track to guidance that assumes acceleration in growth in the second half of 2018. There is evidence…
Nexstar Media Group (NXST) reported another solid quarter, further cementing the company as the most consistent, highest quality local TV broadcaster. A boom in political TV advertising and excellent expense…
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