Latest in Earnings

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…

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…

Snapchat parent Snap returned to revenue growth in the third quarter, surprising Wall Street, and clocked gains in daily active users (DAUs), as net losses widened on a restructuring charge amid layoffs. The company hit a dour note on the ad front, saying “forward visibility of advertising demand remains…

YouTube advertising revenue increased 12% to $7.95 billion in the third quarter compared with the same period a year ago, helping corporate parent Alphabet beat Wall Street expectations. Total revenue rose 11% over the year-earlier quarter to hit $76.7 billion, while earnings per share surged to…

Netflix beat Wall Street expectations for earnings per share and subscriber growth in the third quarter, cheering investors (if not consumers) with news that a new round of price hikes is on the way. The company matched the Street estimate for revenue in the period ending September 30, with $8.54…

Disney's giant theme park division was first out of the gate in a post-pandemic recovery, showing giant jumps in revenue and profit due to pent-up demand. But the engine is sputtering. Walt Disney World saw operating income dip in the June quarter. Domestic Parks & Experiences saw profits fall 13% to…

Lionsgate beat Wall Street analysts’ forecasts for the first quarter of its fiscal 2024, with revenue climbing 2% as the company’s library posted more robust results. The company also said after the June 30 end of the quarter it had decided that Starz would focus on the U.S., UK and Canada, exiting…

Fox Corp. revenue stayed flat in the quarter ending June 30 compared with the year-earlier period, but it matched Wall Street analysts’ consensus estimate as earnings beat expectations. Earnings in the fiscal fourth quarter came in at 74 cents a share in the quarter ending June 30, topping analysts…

Cinemark CEO Sean Gamble said Hollywood strikes currently delaying the production, and promotion, of new films won’t affect “key fundamentals" of a revived exhibition business although they might extend the “recovery trajectory of theatrical film volume a bit.” "We know that our studio partners are…