Latest in fourth quarter earnings

Roku beat Wall Street estimates for the fourth quarter, hitting new highs in active accounts and revenue per user, though an acquisition in the period created a loss of 13 cents per share. Total revenue hit $411.2 million, well ahead of the consensus estimate of $391.6 million and up 49% over the same quarter in 2018…

UPDATED with closing stock price. Saturday’s return of the XFL — an upstart pro football league being resurrected by pro wrestling impresario Vince McMahon — is being overshadowed by trouble at McMahon’s main company, the WWE. The wrestling and entertainment concern reported spotty fourth-quarter results Thursday…

Snapchat parent Snap Inc. swung to an adjusted profit of three cents per share in the fourth quarter, an improvement from a loss of four cents a share. Wall Street analysts had expected the company to break even. The social media company said daily active users increased 17% in the period, to 218 million, while total…

Netflix shares, which are the subject of great debate on Wall Street, rose more than 7% Thursday in the wake of a concession by Comcast earlier in the day that the media giant will continue to lose subscribers. Establishing a new six-month high, Netflix’s stock finished at $349.60 on nearly triple its normal trading…

Comcast reported earnings per share of 79 cents in the fourth quarter, edging the consensus expectation of Wall Street analysts by two cents. Total revenue of $28.4 billion in the period also came in just ahead of estimates. The Cable Communications unit led the charge for the quarter, with total revenue there rising…

Viacom reported fourth-quarter profit of 79 cents a share that beat Wall Street forecasts and Paramount Pictures returned to full-year profitability, though revenue slipped 1% to barely undershoot estimates. Revenue came in at $3.4 billion for the quarter, down from $3.5 billion in the year-earlier quarter. Earnings…

Disney stock gained nearly 4% Friday after analysts issued upbeat reactions to the company’s quarterly earnings report and reiterated optimism about Disney+. The $7-a-month streaming service build on key brands like Marvel, Star Wars, Pixar and National Geographic launches at 12:01AM on Tuesday. In its fiscal fourth-qu…

Disney delivered a strong batch of financial results for its fourth quarter, with diluted earnings per share of $1.07 beating Wall Street analysts’ consensus forecast of 95 cents. The results marked an improvement from the previous quarterly report, last August, which were far more mixed and were blamed by management…

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…