Equities research analysts expect Viacom, Inc. (NASDAQ:VIAB) to report earnings per share (EPS) of $0.79 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Viacom’s earnings, with estimates ranging from $0.76 to $0.82. Viacom also reported earnings per share of $0.79 during the same quarter last year. The company is expected to issue its next earnings report on Thursday, May 3rd.
On average, analysts expect that Viacom will report full year earnings of $4.04 per share for the current fiscal year, with EPS estimates ranging from $3.96 to $4.30. For the next financial year, analysts forecast that the firm will report earnings of $4.34 per share, with EPS estimates ranging from $4.07 to $4.60. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Viacom.
Viacom (NASDAQ:VIAB) last announced its quarterly earnings results on Thursday, February 8th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.14 billion. Viacom had a return on equity of 26.28% and a net margin of 15.49%. The company’s quarterly revenue was down 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.04 earnings per share.
Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its stake in shares of Viacom by 1.2% during the 4th quarter. BlackRock Inc. now owns 23,226,736 shares of the company’s stock worth $715,616,000 after acquiring an additional 264,076 shares during the last quarter. Capital International Investors lifted its stake in shares of Viacom by 19.3% during the 3rd quarter. Capital International Investors now owns 8,761,721 shares of the company’s stock worth $243,926,000 after acquiring an additional 1,418,000 shares during the last quarter. Oldfield Partners LLP lifted its stake in shares of Viacom by 25.6% during the 4th quarter. Oldfield Partners LLP now owns 6,722,920 shares of the company’s stock worth $207,134,000 after acquiring an additional 1,368,700 shares during the last quarter. Kiltearn Partners LLP lifted its stake in shares of Viacom by 93.2% during the 4th quarter. Kiltearn Partners LLP now owns 5,037,600 shares of the company’s stock worth $155,208,000 after acquiring an additional 2,429,600 shares during the last quarter. Finally, Tremblant Capital Group lifted its stake in shares of Viacom by 0.3% during the 4th quarter. Tremblant Capital Group now owns 4,520,883 shares of the company’s stock worth $139,289,000 after acquiring an additional 13,105 shares during the last quarter. 80.36% of the stock is owned by hedge funds and other institutional investors.
Viacom (VIAB) opened at $32.72 on Friday. The stock has a market capitalization of $13,216.90, a price-to-earnings ratio of 8.74, a PEG ratio of 0.95 and a beta of 1.47. The company has a current ratio of 1.41, a quick ratio of 1.14 and a debt-to-equity ratio of 1.52. Viacom has a 1-year low of $22.13 and a 1-year high of $46.72.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Thursday, March 15th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Wednesday, March 14th. Viacom’s dividend payout ratio is currently 16.00%.
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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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