Latest in Earnings

CBS delivered a mixed set of third-quarter results, with earnings per share of 95 cents on an adjusted basis exceeding Wall Street analysts’ consensus forecast by two cents. Revenue grew just 1% to $3.3 billion, which did not clear the $3.37 billion bar set by analysts. It is expected to be the final quarter of…

Disney stock gained nearly 4% Friday after analysts issued upbeat reactions to the company’s quarterly earnings report and reiterated optimism about Disney+. The $7-a-month streaming service build on key brands like Marvel, Star Wars, Pixar and National Geographic launches at 12:01AM on Tuesday. In its fiscal fourth-qu…

UPDATED with comments from the earnings call: Lionsgate’s beleaguered stock price rebounded after hours on the strength of a solid second-quarter earnings report. The company on Thursday reported earnings per share of 22 cents, 2 cents ahead of Wall Street analysts’ consensus, with revenue of $983.5 million, also…

Disney CEO Bob Iger began the company’s quarterly earnings call with 10 minutes of remarks about what he has described as the biggest corporate initiative of his 45-year tenure at the company: the launch of Disney+. The subscription streaming platform, which goes live in the U.S. and a handful of other territories on…

Disney delivered a strong batch of financial results for its fourth quarter, with diluted earnings per share of $1.07 beating Wall Street analysts’ consensus forecast of 95 cents. The results marked an improvement from the previous quarterly report, last August, which were far more mixed and were blamed by management…

In an earnings call with analysts to discuss AMC Entertainment’s third-quarter results, CEO Adam Aron blasted National CineMedia’s new initiative placing advertisements closer to feature films. Starting last Friday, NCM began running a single 30- or 60-second “platinum spot” immediately before the “attached” one or…

Dish Network, whose core satellite TV business has been steadily declining of late, reported better-than-expected financial results in the third quarter, including a rare gain in pay-TV subscribers. Earnings per share totaled 66 cents on a diluted basis, ahead of the forecast of 61 cents by Wall Street analysts…

AMC Entertainment delivered mixed results for the the third quarter, posting total revenue of $1.3 billion and a loss of per share of 53 cents. Revenue gained 8% over the prior-year period and slightly exceeded Wall Street analysts’ consensus forecast. The net loss was wider than the expectation for 53 cents a share…

Fox Corp. beat Wall Street’s estimates for its fiscal first quarter, with total revenue reaching $2.67 billion. Adjusted earnings per share of 80 cents beat analysts’ consensus estimate for 69 cents. Given the Disney-Fox deal, which closed in March, pure year-to-year comparisons are still a couple of quarters away. On…

In the third quarter, a period when it closed the $9.6 billion acquisition of 21 regional sports networks formerly owned by Fox, Sinclair Broadcast Group reported a 47% spike in revenue but a net loss of 64 cents a share. During a conference call with Wall Street analysts, CFO Lucy Rutishauser called Sinclair a “much…

Comscore has named board member Bill Livek as its chief executive officer, replacing the interim CEO Dale Fuller. It also reported lower third-quarter revenue, but its net loss that was far less than Q3 last year. The CEO move comes as the show business data-measurement corporation is facing headwinds. It has seen…

Major movie exhibitor Cinemark reported solid third-quarter results, with profit meeting Wall Street expectations and revenue exceeding them, and parried numerous questions about streaming’s potential threat. CEO Mark Zoradi, a former Disney executive, reaffirmed the strategic aim to preserve the current theatrical…