Viacom (VIA) Scheduled to Post Quarterly Earnings on Thursday

Viacom (NASDAQ:VIA) is scheduled to announce its earnings results before the market opens on Thursday, February 8th.

Viacom (NASDAQ:VIA) last posted its quarterly earnings data on Thursday, November 16th. The company reported $0.77 EPS for the quarter. Viacom had a return on equity of 28.95% and a net margin of 14.13%.

Shares of Viacom (NASDAQ VIA) opened at $38.95 on Thursday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.30 and a current ratio of 1.55. The company has a market capitalization of $15,889.15, a price-to-earnings ratio of 8.34 and a beta of 1.43. Viacom has a 52 week low of $28.20 and a 52 week high of $49.00.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 15th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date was Thursday, December 14th. Viacom’s payout ratio is currently 17.13%.

Several equities analysts recently weighed in on VIA shares. Loop Capital reiterated a “hold” rating and set a $27.00 target price (down from $28.00) on shares of Viacom in a research report on Wednesday, December 27th. Rosenblatt Securities reiterated a “sell” rating and set a $45.00 target price on shares of Viacom in a research report on Tuesday, January 16th. Finally, Citigroup downgraded Viacom from a “neutral” rating to a “sell” rating in a research report on Monday, October 9th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $39.00.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this news story can be accessed at https://www.americanbankingnews.com/2018/02/01/viacom-via-scheduled-to-post-quarterly-earnings-on-thursday.html.

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.

Earnings History for Viacom (NASDAQ:VIA)

Receive News & Ratings for Viacom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viacom and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply