E.W. Scripps (SSP) shares are responding very favorably to the company’s 4Q05 earnings report. I think three factors are at work. First, EPS came in above expectations at 54 cents vs. consensus of 49 cents. Second, the company announced that it is considering strategic alternatives for its home shopping business, Shop At Home. Third, Shopzilla […]
Comcast (CMCSA/K) reported 4Q05 earnings that were pretty much inline across all metrics. Revenue exactly hit estimates, EBITDA might be considered light but that is certainly not the case if hurricane losses of $48 million due to the loss of 20,000 subscribers are considered. Subscriber additions were on target with basic subs growing 40,000 (60,00 […]
Time Warner (TWX) reported 4Q05 earnings pretty much inline with expectations with revenue and EBITDA both coming in very close to analyst estimates. As usual, the mix at the segment level was a little different than expected. The company also provided EBITDA growth guidance for 2006. EBITDA is expected to grow in the upper single […]
E.W. Scripps (SSP) reports before the open on Thursday. The company preannounced a shortfall late last year related primarily to continuing disappointing results at the Shop At Home division. Therefore, there should be little surprise in the headline EPS number which is projected at 49 cents for 4Q05. That would bring the year in at […]
Comcast (CMCSA/K) reports before the open on Thursday. So far in 2006, CMCSA has risen 7.5%. I think this sets up a big move in the stock off the earnings report as investors will either be disappointed and willing to lock in this year’s gains or they will be happy and build on the gains. […]
Crash won nominations for Best Picture, Best Director, Best Supporting, Best Screenplay, Best Editing, and Best Song in the Oscar nominations announced this morning. While the investment implications are extremely limited, this a real feather in the cap for Lionsgate (LGF). Just a few months ago, the film was considered a real long shot for […]
A couple of quick follow-ups to my Weekend Box Office Update that support my bullish trading bias on Lionsgate (LGF). First, this weekend’s Barron’s contained positive commentary on LGF in the Inside Scoop column. The column noted recent insider buying by senior executives along with a big boost in the position of Carl Icahn protégé […]
Over on Street Insight, my fellow contributor Jeff Bagley and I have been tag-teaming the defense of Apple Computer (AAPL) since the company reported its December quarter EPS. We were both bullish prior the earnings release and I really feel Jeff has hit it on the head with his long-term bullishness based upon the unusually […]
If there were an equation that measured media and analyst coverage vs. stock price volatility, Time Warner (TWX) would probably produce an answer nearing infinity. Dare I say a google. Tomorrow provdes the stock another chance to offer some excitement when TWX reports 4Q05 earnings. The results are expected to be quite strong, consistent with […]
While Knight Ridder’s earnings report was sloppy with weak December trends, I am surprised the shares would trade down 2% given that the investment case is totally controlled by the auction underway for the company. On this front, management led off the call by announcing it would take no questions. One analyst did have the […]
Office
20 N 3rd Street
Bayfield, WI 54814
Mail
PO Box 1165
Bayfield, WI 54814
tim@northlakecapital.com
847-226-9713
