I used yesterday’s early weakness in the market and in the shares of Regal Entertainment (RGC) to initiate a meaningful though not quite full position. The headline numbers looked like a slight miss with EPS of 9 cents and revenue of $585 million against expectations for 11 cents and $602 million. EBITDA hit expectations, however, […]
Comcast (CMCSA/K) reported better than expected results. Across almost every important financial and subscriber metric, the results were at the high end of expectations or better than expected. This just the start of a string of good results tat will feature double digit top line growth, slightly expanding margins, leveraged EBITDA growth, and growing free […]
I remain bullish on CMCSA which reports before the open tomorrow. I think investors are slowly coming around to my thesis that financial performance over the next year or two will be quite strong and is worth paying for today. CMCSA will begin to show some aspects of subscriber and financial performance this quarter. But […]
CBS (CBS) reported better than expected 1Q06 earnings. The shares are not responding indicating that strength in the stock over the last few days anticipated the results. Also, CBS did not raise its 2006 guidance from “low single digit revenue growth and mid-single digit growth in operating income and EPS.” Given the better than expected […]
Since their debut at the beginning of January, CBS (CBS) shares have generally trended lower due to concerns over the company’s long-term growth rate and how it intends to use its cash flow. Ahead of its 1Q06 earnings report tomorrow morning, the shares are trading at 15 times 2006 estimated EPS and less than 8 […]
E.W. Scripps (SSP) reported better than expected 1Q06 earnings. The shares are adding another $1 onto yesterday’s gains of $1. Whoever was buying yesterday in anticipation of a good report is being rewarded. I think the gains over the last day and a half will hold but I believe upside is limited due to SSP’s […]
I am leaning more bullishly on the shares of E.W. Scripps (SSP) ahead of its 1Q06 earnings due tomorrow before the open although my recent visit with the company at Prudential’s Midwest Media day slightly dampened my enthusiasm. I’ve always liked SSP but I have been out of the stock for a couple of years […]
There could be some excitement around Lionsgate (LGF) this week ahead of Friday’s opening of Akeelah and the Bee. LGF shares received a boost last year when Starbucks (SBUX) announced it had selected the film as its first entry into the movie business via in-store promotion. I think it is possible that LGF could trade […]
I believe the reason why the AAPL earnings report was initially greeted with enthusiasm was better than expected Mac sales. Since it’s AAPL and overly analyzed and picked apart by shorts, longs, analysts, investors, and day traders, there is lots of noise today about the future growth rate of iPods and the retail stores. However, […]
Apple reports it second quarter earnings for the period ending March 31, 2006 in less than two hours. The stock is likely to have a signficant reaction to the earnings and to the guidance the ocmpany provides for its June quarter. I am very confident that Apple shares will agian trade up sharply before the […]
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