Latest in Earnings

EXCLUSIVE: Carnival Films, the NBCUniversal production company behind Downton Abbey, has said its revenue took a hit last year as it looks to find its next mega-hit. In earnings filed at the UK’s Companies House this week, the Gareth Neame-led indie reported that its total sales were £58.8 million ($73 million) in…

In offering Wall Street analysts an update on Univision’s strategic review process Wednesday, Univision CEO Vince Sadusky recalled his executive tenure at Telemundo. The review, initiated in July, could result in a sale of the privately held Hispanic media giant, though other options are being considered. “There are…

Tribune Media, a local station power soon to be acquired by Nexstar Media Group, posted mixed results for its fiscal second quarter. The company, which owns 42 local TV stations and cable network WGN America, reported revenue of $484 million in the period, a shade lower than Wall Street analysts’ consensus forecasts…

An executive suite full of Lionsgate executives — seven in all — took turns answering questions from Wall Street analysts Thursday in a conference call to discuss quarterly results and the state of the company. Lionsgate silenced some of the naysayers by soundly beating analysts’ estimates for the fiscal first quarter…

Reporting second-quarter results on the same day that sister company Viacom reported its own stellar financials, CBS set records for revenue, adjusted operating income and earnings per share. The EPS figure of $1.16 beat Wall Street estimates by three cents and revenue of $3.81 billion also cleared the bar set by…

Lionsgate cruised past Wall Street estimates for the fiscal first quarter, on strong subscriber growth at Starz and improved film results paced by the blockbuster returns of the third John Wick installment. On an adjusted, diluted basis, the company’s loss of two cents exceeded analysts’ consensus forecasts for four…

AMC Entertainment’s stock perked up Thursday after the top exhibitor announced second-quarter results that exceeded Wall Street’s expectations thanks to Avengers: Endgame and other blockbusters. Net income totaled $49.4 million, more than double the $22.2 million recorded in the year-earlier period. On a per-share…

Pity the poor promotional gurus at the New York Times Company. Just as they were wrapping themselves around a kinder, gentler digital subscription pitch — keyed to the notion that reading The Times can feed civil conversations among those who disagree — a Twitter mob descended on a headline that wasn't sufficiently…

The name Bob Bakish and the word “swagger” do not usually go in the same sentence, but the Viacom CEO got to take a genuine victory lap on Thursday’s conference call with Wall Street analysts. The company released third-quarter results that topped Wall Street expectations, along with an accomplishment that Bakish…

Exhibition giant Cineworld, which acquired U.S. chain Regal Cinemas in 2018 for $3.6B, reported a decrease in half-year results this morning out of London. An anticipated drop, it hasn’t diminished CEO and veteran exhibitor Mooky Greidinger’s bright outlook for the second semester while he’s also bullish on the…

As the drumbeat grew louder for a long-awaited merger with CBS, Viacom reported third-quarter earnings that beat market expectations. Earnings per share came in at $1.20 on Thursday, beating the consensus estimate from analysts of $1.07, while revenue of $3.36 billion beat the estimate of $3.33B. Domestic advertising…

Regal Entertainment owner Cineworld has reported a revenue decrease of 11.1% for the first six months of 2019, to $2.15B from $2.42B in the comparable period last year. The dip at the world's second-largest exhibition chain was anticipated, it said, due to the timing of major film releases versus the first half of…