Latest in fourth quarter earnings

Sinclair Broadcast Group cruised past Wall Street estimates for the political advertising-rich fourth quarter. The company posted total revenue of $893.3 million, up more than 25% from the year-earlier quarter and better than the consensus outlook of analysts, which was a shade less than $880 million. Earnings per…

Nexstar, which has grown from a single radio station 23 years ago into what will soon be the No. 1 owner of local TV stations in the U.S., reported record revenue of $798 million in the fourth quarter. Boosted by political ad spending, which was more than triple the level of the 2014 mid-term elections, total revenue…

Major U.S. exhibitor Cinemark reported strong top-line results in the fourth quarter, with total revenue hitting a record $798.6 million, up 6.5% from the same period in the previous year. Earnings came in at 17 cents a share on a diluted basis, falling short of Wall Street’s consensus estimate of 44 cents. In the…

Roku continued its recent momentum by reporting fourth-quarter results that beat Wall Street expectations and validated its recent strategic shifts. Earnings per share came in at 5 cents, which was a dip from 6 cents in the year-earlier quarter, but well ahead of analysts’ consensus forecast for 3 cents. Total revenue…

CBS Corp. reported fourth-quarter earnings that fell short of Wall Street analysts’ expectations, largely due to a dip in its Entertainment unit caused by timing of international licensing deals and tough comparisons with domestic sales in the year-ago quarter. Revenue came in at $4 billion, up 3% from the same…

Despite reporting better-than-expected profit and revenue in the fourth quarter, Twitter disclosed a decline in monthly active users, which has driven shares down 10% in early trading. Shares were at $30.71 nearly two hours into the session, on above-average volume. They remain above their 52-week low of $26.19, and…

UPDATED with executive comment. Amazon reported stellar results for the fourth quarter, including record sales of its own devices like the Echo, Fire and Alexa product lines. The tech giant reported net sales of $72.4 billion, up 20% from the year-earlier quarter and ahead of Wall Street forecasts for $71.87…

Facebook reported fourth-quarter results that exceeded estimates by Wall Street analysts for revenue, profit and active user levels. The news boosted the company’s stock. After a regular session during which it rose more than 4% to $150.42, it added another 6% in after-hours trading. Revenue for the quarter ending in…

UPDATED with stock price decline. AT&T reported fourth-quarter earnings below Wall Street forecasts due to comparisons with the year-earlier period, which included a big boost from federal tax cuts. Earnings per share in the quarter ending December 31 came in at 66 cents, down from an adjusted 78 cents in the year-ago…

UPDATED with executive comments. Apple’s results in the fiscal first quarter edged Wall Street’s estimates, sending shares climbing in after-hours trading. The tech giant reported earnings per share of $4.18 in the October-to-December period, a penny better than the consensus expectation of Wall Street analysts. Total…

Netflix CEO Reed Hastings and Chief Content Officer Ted Sarandos say original programming is starting to overtake acquired fare and its platform has scaled to the point that linear rivals like HBO and Disney are not principal’s main rivals. Those were two of the key takeaways from Netflix’s fourth-quarter earnings…

Netflix’s fourth-quarter numbers were not without fault, but largely delivered the goods for Wall Street analysts who have been eagerly anticipating a dose of good news for the streaming giant. The company reported total revenue of $4.187 billion for the quarter, slightly below internal forecasts and consensus…