Equities research analysts expect Viacom, Inc. (NASDAQ:VIAB) to report earnings of $0.79 per share for the current quarter, according to Zacks. Six analysts have made estimates for Viacom’s earnings. The lowest EPS estimate is $0.76 and the highest is $0.82. Viacom also reported earnings per share of $0.79 in the same quarter last year. The company is scheduled to report its next quarterly earnings results 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 expect that the firm will post earnings of $4.34 per share, with EPS estimates ranging from $4.07 to $4.60. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Viacom.
Viacom (NASDAQ:VIAB) last released its quarterly earnings data on Thursday, February 8th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.94 by $0.09. Viacom had a return on equity of 26.28% and a net margin of 15.49%. The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the company posted $1.04 earnings per share. The firm’s revenue was down 7.6% compared to the same quarter last year.
Viacom (NASDAQ:VIAB) traded up $0.13 during trading hours on Friday, reaching $32.95. The company’s stock had a trading volume of 599,360 shares, compared to its average volume of 4,760,140. The company has a quick ratio of 1.14, a current ratio of 1.41 and a debt-to-equity ratio of 1.52. Viacom has a one year low of $22.13 and a one year high of $46.72. The stock has a market capitalization of $13,164.60, a price-to-earnings ratio of 6.58, a PEG ratio of 0.95 and a beta of 1.47.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Thursday, March 15th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.43%. The ex-dividend date is Wednesday, March 14th. Viacom’s dividend payout ratio is currently 16.00%.
Institutional investors have recently made changes to their positions in the stock. Financial Gravity Companies Inc. bought a new stake in Viacom in the fourth quarter valued at about $202,000. Lehman Financial Resources Inc. bought a new stake in Viacom in the fourth quarter valued at about $207,000. Wall Street Access Asset Management LLC bought a new stake in Viacom in the fourth quarter valued at about $212,000. Hourglass Capital LLC bought a new stake in Viacom in the fourth quarter valued at about $220,000. Finally, SeaCrest Wealth Management LLC bought a new stake in Viacom in the fourth quarter valued at about $225,000. 81.00% of the stock is owned by hedge funds and other institutional investors.
TRADEMARK VIOLATION WARNING: This report was first posted by Markets Daily and is the property of of Markets Daily. If you are reading this report on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The original version of this report can be read at https://www.themarketsdaily.com/2018/03/13/zacks-brokerages-expect-viacom-inc-viab-to-announce-0-79-earnings-per-share.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.