Viacom Inc. (VIA) Set to Announce Quarterly Earnings on Thursday
Viacom Inc. (NASDAQ:VIA) will announce its earnings results after the market closes on Thursday, August 3rd.
Viacom (NASDAQ:VIA) last posted its quarterly earnings data on Thursday, May 4th. The company reported $0.79 EPS for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.20. Viacom had a return on equity of 32.00% and a net margin of 9.32%. The firm had revenue of $3.26 billion for the quarter. On average, analysts expect Viacom to post $3.70 EPS for the current fiscal year and $4.10 EPS for the next fiscal year.
Viacom Inc. (NASDAQ:VIA) traded up 3.27% during trading on Thursday, reaching $41.05. The company’s stock had a trading volume of 72,361 shares. The company has a market cap of $16.49 billion, a price-to-earnings ratio of 13.57 and a beta of 1.45. The stock’s 50 day moving average is $39.42 and its 200 day moving average is $42.65. Viacom Inc. has a 12 month low of $36.25 and a 12 month high of $50.40.
The business also recently announced a quarterly dividend, which was paid on Monday, July 3rd. Shareholders of record on Thursday, June 15th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, June 13th. This represents a $0.80 annualized dividend and a dividend yield of 1.95%. Viacom’s dividend payout ratio is currently 26.40%.
Several research firms have issued reports on VIA. Rosenblatt Securities restated a “neutral” rating and set a $45.00 target price on shares of Viacom in a research report on Tuesday, April 4th. Barrington Research reaffirmed an “outperform” rating on shares of Viacom in a report on Friday, May 19th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. Viacom presently has an average rating of “Hold” and a consensus target price of $43.80.
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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