Equities analysts expect Viacom, Inc. (NASDAQ:VIAB) to post $0.79 earnings per share for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Viacom’s earnings. The highest EPS estimate is $0.82 and the lowest is $0.76. Viacom also posted earnings per share of $0.79 during the same quarter last year. The firm is expected to announce its next quarterly earnings report on Thursday, May 3rd.
According to Zacks, analysts expect that Viacom will report full year earnings of $4.04 per share for the current year, with EPS estimates ranging from $3.96 to $4.30. For the next fiscal year, analysts anticipate that the business will report earnings of $4.34 per share, with EPS estimates ranging from $4.07 to $4.60. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Viacom.
Viacom (NASDAQ:VIAB) last announced its quarterly earnings results on Thursday, February 8th. The company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.09. Viacom had a return on equity of 26.28% and a net margin of 15.49%. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same quarter in the previous year, the business earned $1.04 EPS. Viacom’s revenue for the quarter was down 7.6% compared to the same quarter last year.
Institutional investors have recently modified their holdings of the company. Financial Gravity Companies Inc. acquired a new position in shares of Viacom during the 4th quarter worth approximately $202,000. Lehman Financial Resources Inc. acquired a new position in shares of Viacom during the 4th quarter worth approximately $207,000. Wall Street Access Asset Management LLC acquired a new position in shares of Viacom during the 4th quarter worth approximately $212,000. Hourglass Capital LLC acquired a new position in shares of Viacom during the 4th quarter worth approximately $220,000. Finally, SeaCrest Wealth Management LLC acquired a new position in shares of Viacom during the 4th quarter worth approximately $225,000. Institutional investors and hedge funds own 79.92% of the company’s stock.
Shares of Viacom (NASDAQ:VIAB) traded up $0.48 during trading on Wednesday, hitting $33.98. The company had a trading volume of 3,121,600 shares, compared to its average volume of 5,502,738. The company has a current ratio of 1.41, a quick ratio of 1.14 and a debt-to-equity ratio of 1.52. Viacom has a 1 year low of $22.13 and a 1 year high of $46.72. The stock has a market cap of $13,650.00, a price-to-earnings ratio of 7.17, a PEG ratio of 1.00 and a beta of 1.54.
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Viacom Company Profile
Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.
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