Latest in third quarter

Charter CEO Chris Winfrey acknowledged the company’s Disney carriage fight contributed to a loss of 320,000 video customers during the third quarter, but said the deal that resulted from the dispute represents “a significant step forward for the video ecosystem.” Speaking during the company’s…

Amazon reported third-quarter results well ahead of Wall Street forecasts, with total revenue at $143.1 billion and earnings per share of 94 cents. The revenue number, up 13% from the same period a year ago, soared past analysts’ consensus estimate of $133.4 billion. Analysts had expected EPS of 55…

Wall Street gave decidedly mixed reviews to Comcast’s third-quarter earnings report, even though the numbers beat analysts’ expectations on both the top and bottom lines. Shares in the media giant fell more than 8% to close at $39.15, in part due to investor angst over a surprising decline in…

Comcast beat Wall Street estimates for third-quarter revenue and earnings despite an 8% year-over-year drop in domestic advertising. The NBCUniversal parent reported revenue of $30.1 billion in the period ending September 30, up 1% from the same quarter of 2022. Earnings per share reached $1.08 on an…

Mattel beat Wall Street expectations in the third quarter for revenue and adjusted earnings per share, thanks in large part due to the successful release of Barbie in July. Revenue in the period ending September 30 rose 9% over the same quarter a year ago to $1.9 billion. Earnings without a non-cash…

TelevisaUnivision reported a 1% year-over-year dip in U.S. advertising revenue in a third quarter otherwise propelled by the company's strike-resistant media operations in Mexico. Ad revenue came in at $459.4 million for the period ending September 30, while total revenue for the privately held…

Amazon shares plunged more than 20% after hours after shedding 4% during the regular trading day after the company became the latest tech giant to stumble in the third quarter. In the period ending September 30, revenue rose 15% to $127.1 billion, while earnings came in at 28 cents per share on a…

Google and YouTube parent Alphabet undershot Wall Street analysts’ expectations for the third quarter, reflecting a significant slowdown in digital ad buying. The tech giant had a shade less than $69.1 billion in revenue, up 6% from the year-ago period (or 11% when foreign currency gyrations are…

Hasbro shares tumbled to their lowest level since 2015 after the toymaker and entertainment company reported a sharp drop in quarterly revenue and earnings results below Wall Street expectations. Midway through the trading day, Hasbro shares were down 3% at $65.76 on above-average…

Disney will report its fiscal first-quarter earnings on Tuesday afternoon after the close of trading, with the company’s streaming progress, executive turnover and response to the coronavirus outbreak all likely to be major themes. The consensus from analysts is for Disney to report $20.8 billion in total revenue and…

Dish Network, whose core satellite TV business has been steadily declining of late, reported better-than-expected financial results in the third quarter, including a rare gain in pay-TV subscribers. Earnings per share totaled 66 cents on a diluted basis, ahead of the forecast of 61 cents by Wall Street analysts…

AMC Entertainment delivered mixed results for the the third quarter, posting total revenue of $1.3 billion and a loss of per share of 53 cents. Revenue gained 8% over the prior-year period and slightly exceeded Wall Street analysts’ consensus forecast. The net loss was wider than the expectation for 53 cents a share…