Viacom (VIAB) To Report Q2 Earnings: What's In The Cards?

 | May 07, 2019 08:19AM ET

Viacom (NASDAQ:VIAB) is slated to report second-quarter fiscal 2019 results on May 10.

Notably, the company beat the Zacks Consensus Estimate in the trailing four quarters, the average positive earnings surprise being 9.8%.

In the last reported Viacom Inc. Quote

Let’s see how things are shaping up prior to this announcement.

Factors to Watch Out

The turnaround of Paramount is benefiting Viacom. However, Theatrical revenues are expected to be negatively impacted by a weak slate of movie releases in the to-be-reported quarter.

Nevertheless, increasing investments in original content and focus on providing quality entertainment are driving audience for Viacom’s flagship brands like MTV, BET and Comedy Central.

MTV’s resurgence is noteworthy. Viacom Zacks Investment Research

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