|Bid||50.59 x 800|
|Ask||50.60 x 3000|
|Day's Range||50.29 - 50.79|
|52 Week Range||41.38 - 59.59|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||9.83|
|Earnings Date||Feb 13, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||0.72 (1.47%)|
|1y Target Est||62.17|
ended Friday higher as the New York-based entertainment company reported earnings that were short of analysts' forecasts but said revenue rose. Analysts had been expecting per-share earnings of $1.54 and revenue of $4.19 billion. For the full 2018 year, CBS said revenue increased 6% to $14.51 billion from $13.69 billion, driven in large part by an 8% gain in political advertising sales from the 2018 midterm elections, which came despite the absence of "Thursday Night Football," which went to Fox Sports last year.
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CBS Corp NYSE:CBS.AView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for CBS.A with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CBS.A. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $403 million over the last one-month into ETFs that hold CBS.A are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. CBS.A credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC , announces that KSF continues its investigation into CBS Corporation .
CBS Corp is a media company. It operates businesses within the media and entertainment industries, including cable networks, content production and distribution, television and radio stations, Internet-based businesses, and consumer publishing. The dividend yield of CBS Corp stocks is 1.42%.
CBS Corporation (NYSE: CBS ) rose Friday despite posting a fourth-quarter earnings miss Thursday. Content licensing, retransmission and subscription revenue were stunted by sales and renewal timing, and ...
The rally since the December lows has certainly been impressive. But as for Netflix (NASDAQ:NFLX), it has made this bull move look kind of tame. Since late December, the shares have soared from $234 to $360 -- or about 53%.Source: Netflix Now, NFLX stock has a pretty good track record anyway. Consider that for the past decade the average annual return has been a blistering 51.8%!This really goes to how important major changes can be with large markets. It's essentially about the innovator's dilemma -- a concept developed by Harvard professor and entrepreneur Clayton Christensen in the 1990s -- where the incumbents cannot react quickly enough. The main reason is fear of cannibalizing the existing business.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut this can prove fatal. Over the years, we've seen how industries can be disrupted, such as with Amazon.com (NASDAQ:AMZN) in e-commerce, Uber with the taxi cab business and Salesforce.com (NYSE:CRM) with enterprise software.With Netflix stock, the main catalysts for the disruption opportunity have been the availability of high-speed internet access and pervasiveness of smartphones. But there has also been a move towards affordable subscriptions. The result is a secular change in how people consume entertainment content. * 10 Hot Stocks Leading the Market's Blitz Higher The trend is clearly evident with cord-cutting. According to research from eMarketer, about 50 million Americans will abandon cable and satellite TV by 2021, up from 20 million this year.By being a first mover, Netflix has some significant competitive advantages that should last for quite some time. The company's name has become of top-of-mind for streaming. The company also has a lead in critical areas like AI, which has allowed for more effective content creation. And yes, there is the scale of the user base. There are currently about 139 million subscribers across 190 countries. In other words, Netflix is winning the "land grab" of the streaming opportunity.To put things into perspective, look at some of the findings from Lab42, a market research firm. About 89% of streaming subscribers are customers of Netflix and the renewal rate is 93%. By comparison, AMZN's is at 75% and Hulu's is 64%.With high levels of customer loyalty, NFLX has been able to build a substantial recurring revenue stream. It also means the company is in a position to periodically increase the pricing. Bottom Line On Netflix StockNo doubt, there are notable risk factors for Netflix stock. The competitive environment is getting more intense. Some of the rivals include Disney (NYSE:DIS), CBS (NYSE:CBS), Amazon, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Apple (NASDAQ:AAPL).Although, interestingly enough, the most recent Netflix shareholder letter notes that the wildly popular game, Fortnite, is much more of a competitor! The reason is that it is essentially a big draw on people's attention.Another nagging issue is that content development can be dicey. Even with the power of analytics, there could still be a string of flops. Zynga (NASDAQ:ZNGA) is definitely an example of this. Despite having a large user base and large amounts of data, it has had a tough time creating engaging new titles.But for NFLX, there are few signs that the company is losing its touch in creating standout content. For example, its movie Bird Box has been streamed in 80 million homes.True, Netflix stock is far from cheap, with the forward price-to-earnings ratio at 54X. But then again, as we've seen over the years, this hasn't been much of a factor anyway, especially as the company should remain a leader in the disruption of the entertainment market.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Netflix Stock Is All About The Innovatoras Dilemma appeared first on InvestorPlace.
CBS’s programming prowess always seemed inextricably linked to Moonves, who remained deeply involved in the creative side of the TV network in a way that other media CEOs aren’t. Removing Moonves from his post will never have not been the right decision. CBS reported fourth-quarter results late Thursday, its first full operating period without Moonves.
CBS Corp. is championing its case to keep its deal with the National Football League as it fends off the likes of Amazon.
CBS Corporation (CBS) fourth-quarter 2018 results benefit from its strong content portfolio across it traditional and over-the-top (OTT) platforms.
CBS Corp.’s current contract with the National Football League runs through the 2022 season, but executives at the media company are already making their case to the league for a new deal. CBS has been “very good for the NFL,” said Sean McManus, chairman of CBS Sports on a call with analysts to discuss the company’s fourth-quarter results. Although the current slate of NFL deals have several years left to run, there is already talk that the league might be wooed by a deep-pocketed technology company such as Amazon.com Inc.
CBS Corporation earnings (NYSE:CBS) were released late in the day and the company posted a profit and revenue that were new records for the company, although both figures missed expectations, sending CBS stock down after hours.Source: Shutterstock The media company said that for its fourth quarter of its fiscal 2018, it brought in record earnings of $1.49 per share, which is below the $1.54 per share that analysts were calling for, according to data compiled by Yahoo Finance. it also said that it brought in record revenue of $4.02 billion, missing the $4.19 billion that the Wall Street consensus called for, according to Yahoo Finance.Revenue was also 3% higher than it was during its fourth quarter of fiscal 2017, when it brought in sales of $3.92 billion. Advertising revenue was also higher by 7% year-over-year thanks to record political ad sales during the most recent midterm elections.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"CBS delivered our best-ever quarterly and full year results as we continue to position our Company for even stronger long-term growth," said Joe Ianniello, president and acting CEO. "Our strategy of creating more of the premium content that audiences want and making it available across new and traditional platforms continues to pay off, driving quarterly increases in subscribers at CBS and Showtime, both consecutively and year over year."CBS stock was up about 1.4% during regular trading hours, then fell 2.3% after hours on Thursday. More From InvestorPlace * 10 Best Dividend Stocks to Buy for the Next 10 Months * 9 U.S. Stocks That Are Coming to Life Again * Buy These 5 Stocks to Play the Megatrend of the Century Compare Brokers The post CBS Corporation Earnings: CBS Stock Dips as Record Sales Miss Guidance appeared first on InvestorPlace.
The company, known for shows such as "The Big Bang Theory" and "NCIS", pinned the blame on the timing of international licensing sales and several large domestic sales that occurred in the fourth quarter of 2017, and emphasized subscriber growth as it competes against Netflix Inc and other streaming services. "We have now reached 8 million direct-to-consumer subscribers between CBS All Access and Showtime, nearly two years ahead of our original schedule," said acting Chief Executive Officer Joe Ianniello. The New York-based company's results come nearly a month after former Chief Executive Officer Leslie Moonves, who led opposition of a merger, challenged the company's decision to deprive him of $120 million in severance pay after he resigned amid a wave of allegations of sexual assault and harassment.
Corp. shares shed one-quarter of their value last year thanks to legal battles and #MeToo allegations, but they have started 2019 on a bright note. On Thursday, the company reported record revenue and earnings for the fourth quarter of 2018 and said that it reached 8 million subscribers between its two streaming platforms, CBS All Access and Showtime. CBS reported revenue of $4 billion and earnings of $1.49 a share.
While Nvidia crossed the lowered earnings expectations in its Q4 report, CBS failed to meet expectations on the top or bottom lines.
The voluntary buyouts are being offered to longtime workers whose age plus the number of years they have worked for the company total 80 or more years.
The New York-based company said it had profit of $1.49 per share. Earnings, adjusted for one-time gains and costs, came to $1.50 per share. The results did not meet Wall Street expectations. The average ...
CBS (CBS) delivered earnings and revenue surprises of -1.96% and -3.33%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The New York-based company's results come nearly a month after former Chief Executive Officer Leslie Moonves, who led opposition of a merger, challenged the company's decision to deprive him of $120 million in severance pay after he resigned amid a wave of allegations of sexual assault and harassment. While media majors Walt Disney Co and AT&T Inc are tapping into their extensive film and TV libraries to launch streaming rivals to Netflix Inc and Amazon.com Inc's Prime video, smaller players CBS and sister company Viacom Inc are focused on providing original content to other distributors. On Feb. 11 CBS shareholders filed an amended complaint to their class-action lawsuit, alleging that Moonves and three other CBS executives inappropriately sold stock ahead of negative reports about Moonves.