When is the Earnings Report for CBS?
When is the earnings report for cbs? The broadcast giant is scheduled to report its first-quarter results on Thursday after the market closes. CBS stock is up 17.4% in 2014, including dividends, but falls short of the S&P 500’s 18.3% return. If the company can beat its forecast, investors will be rewarded with a nice dividend payout. However, if the company is unable to grow its revenues, investors should keep an eye on the company’s earnings report and make sure they buy.
Its quarterly earnings report
Despite a sour outlook, CBS’s quarterly earnings report showed continued growth and stability. The company’s network of networks was a top draw during the postseason last year, and its network of shows is increasingly popular. All of these factors helped CBS post a 7% increase in quarterly revenue in its fiscal third quarter. It also showed that its subscription and affiliate revenue rose 28 percent. CBS All Access subscribers pay $6 a month to get the entire library of CBS’s television shows and movies. Additionally, CBS is on every major new internet TV platform, including YouTube TV and Hulu’s live streaming service. Finally, CBS executives didn’t seem concerned about the stock sell-off.
The media company’s balance sheet remains healthy, with $6.3B in cash on its books at December 31, 2021. It had a $3.5B revolving credit facility, as well as a net gain of $2.3B from the sale of the Black Rock office building and studio center. These figures are not indicative of future performance, but do indicate that CBS has enough cash on hand to meet its obligations in the coming years.
CBS.a’s fourth-quarter earnings report was mixed. The company missed its revenue expectations, but remained profitable, despite a soft NFL season and slowing subscriber growth. Cord-cutting and soft NFL ratings slowed the company’s growth, though it did improve on both fronts. As a result, CBS has beaten its expectations for quarterly profits every quarter since 2013.
Its operating income margin
CBS is set to report its first-quarter earnings on Thursday after the market closes. The stock is up 17.4% this year, including dividends, but it trails the S&P 500’s growth rate of 18.3%. Investors should pay attention to this report, since analysts expect the company to post a profit in the first quarter of 2018.
In the quarter ending March 31, CBS Corporation will report its first-quarter 2016 earnings. The network reported quarterly records for operating income and diluted earnings per share. However, the company has been relatively quiet in recent months in announcing retransmission deals. In addition, CBS is the most-watched network on television. As the number one broadcaster in the world, CBS is likely to report a higher-than-expected profit this quarter.
Its revenue growth
The first quarter of 2019 was an upbeat one for CBS. The company reported a decrease in operating income but increased revenue thanks to on-demand original programming. However, it has been relatively quiet about its retransmission deals. The company has 28 network-owned television stations and relies on political advertising to pay for these shows. Therefore, CBS’s fourth quarter earnings report should be a good one to watch for.
CBS Corporation’s earnings report is scheduled for Thursday after the market closes. The company is currently on track to report its first-quarter earnings at the end of this month. In the past year, CBS’s stock has returned 17.4%, including dividends. It has also broken records for its adjusted operating income and diluted earnings per share. While the company is lagging behind the S&P 500, investors should not overlook this company’s results.
For the third quarter of 2018, the company’s entertainment revenues increased 11% from the third quarter of 2018. Subscription and affiliate fee revenues increased 22%, driven by the Super Bowl LIII broadcast. Content licensing and distribution revenues grew 7% due to increased sales of series. Advertising revenues decreased 5% owing to timing of sporting events. However, the company still expects its third-quarter earnings report to be positive.
