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Tribune Publishing revenue falls 5% on ad sales decline

May 6th, 2015 No comments
Tribune Publishing, that publishes Los Angeles Times, reported a 5% income dump for the initial quarter. (Los Angeles Times)

Tribune Publishing, that publishes Los Angeles Times, reported a 5% income dump for the initial quarter. (Los Angeles Times)

Shares of Tribune Publishing (TPUB) fell 2.4% Wednesday after the journal publishing house reported a 75% initial entertain benefit decrease stemming from rising interest and reorder costs and continuously declining advertising sales.

The Chicago-based company, that owns Los Angeles Times and Chicago Tribune, reported $2.5 million in net income, down from $11.8 million generated by the comparable corporate entity a year ago. In August, Tribune Media spun off the publishing commercial operation to concentration on the TV operations.

Earnings per share of Tribune Publishing totaled 10 cents vs. 34 cents estimated by an researcher queried by Zacks Investment Research.

The stock fell 40 cents to finish the day at $16.00.

Revenue declined 5% to $396.2 million as a assuage benefit in dissemination income wasn’t sufficient to equivalent sluggish demand for imitation advertising.

Advertising sales fell 5.7% to $219.8 million. Circulation income rose 1.8% to $109.3 million.

Total handling losses fell 2.6% to $385.3 million. But the seductiveness responsibility of $5.9 million ate into the bottom line.

News Corp Q3 earnings fall 52% on lower ad sales

May 5th, 2015 No comments
News Corp, publishing house of The Wall Street Journal, reported a 52% benefit decrease for mercantile third quarter.

News Corp, publishing house of The Wall Street Journal, reported a 52% benefit decrease for mercantile third quarter. (The Wall Street Journal)

News Corp, the publishing house of The Wall Street Journal, pronounced Tuesday mercantile third entertain benefit fell 52% as promotion sales one after another to decrease and unfamiliar banking fluctuations took a toll.

Net income for the duration that finished on Mar 31 totaled $23 million vs. $48 million a year ago.

After incompatible a little items, benefit per share amounted to 5 cents, relating analysts’ estimate.

News Corp (NWS), that is tranquil by media noble Rupert Murdoch, expelled the ultimate benefit after the batch marketplace sealed on Tuesday afternoon. Shares rose 0.2% in after-hours trade to $15.95.

Company-wide revenues fell 1% to $2.06 billion.

News and Information Services, the company’s largest unit that publishes the Journal, Dow Jones and alternative newspapers, reported a 9% decrease in income to $1.35 billion as the imitation promotion marketplace stays weak. Advertising sales fell 12%.

Circulation and subscription revenues were down 6% as Dow Jones’ professional information income declined and imitation dissemination fell.

The Book Publishing unit, customarily HarperCollins, reported $48 million in revenue, a 14% enlarge partly driven by the further of Harlequin. News Corp paid for the intrigue book publishing house in August, 2014.

The Cable Network Programming unit’s revenue rose 3% to $116 million.

Digital Real Estate Services, that includes Realtor.com and Moving.com, was the fastest flourishing unit, with a 67% benefit in income to $170 million.

Discovery Q1 earnings up on higher distribution fees

May 5th, 2015 No comments
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Donna Johnson of Shepherdsville, Ky., dances with “Animal Planet “reality show star Ernie “Turtleman” Brown Jr. during an event in Cave City, Ky., in April. (Bac Totrong, Daily News, around AP)

 

Discovery Communications, the media association that operates Discovery Channel, Animal Planet and alternative wire networks, said Tuesday first entertain gain rose 9% as placement fees and ad sales grew.

Net gain for the quarter totaled $250 million vs. $230 million a year ago.

Earnings per share of 37 cents kick analysts’ consensus estimates by a penny.

Companywide income climbed 9% to $1.54 billion.

Its U.S. networks generated $749 million in income during the quarter, up 6%. U.S. placement revenue, paid by pay-TV providers to lift the channels, was up 13% whilst promotion sales grew at a some-more assuage pace, up 1%.

Its general networks nearly suited the U.S. commercial operation in revenue. They brought in $735 million in revenue, up 10% and outpacing made at home operations.

Discovery additionally pronounced Tuesday it expects sum income for the full year to grow in “the tall singular to low stand in number range.”

Disney’s Q2 income up on ABC, higher spending at Disney resorts

May 5th, 2015 No comments
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Disney California Adventure guest travel onto the genuine sleet at the brand new “Frozen” captivate Olaf’s Snow Fest at Disney California Adventure in Anaheim, California on Jan. 5, 2015. (AP)

 

The Walt Disney Co. (DIS) pronounced Tuesday mercantile second-quarter earnings rose 10% as the report unit’s aloft associate fees and advertising sales and Disney resorts’ taking flight prices compensated for the weakened movie commercial operation and ESPN’s steep programming costs.

Its net income for the three-month period that ended on Mar twenty-eight was $2.1 billion vs. $1.9 billion a year ago.

After adjusting for some items, benefit per share totaled $1.23, violence analysts’ guess of $1.11.

Shares rose 2.2% to $113.45 in pre-market trading.

Company-wide income rose 7% to $12.5 billion.

“Our second-quarter opening … demonstrates the implausible capability of the clever brands and peculiarity calm to expostulate results,” Disney CEO Robert Iger pronounced in a statement, observant that Marvel’s Avengers: Age of Ultron recently has non-stop “at series one in each marketplace so far.”

Revenue for the media networks unit, that includes ABC, ESPN, Disney Jr. and alternative wire networks, rose 13% to $5.8 billion.

ESPN’s programming and prolongation costs hurt its bottom line, as the prices paid to promote NBA, NFL and alternative live games go on to climb. But since the popularity, the sports network generated higher affiliate and promotion revenues.

The report business, that essentially includes ABC, additionally brought in more affiliate fees and programming and advertising sales than a year ago. “The enlarge in module sales was driven by the sale of Marvel’s Daredevil and aloft sales of Lost and Once Upon A Time, to some extent equivalent by the sale of Wife Swap in the prior-year quarter,” Disney said.

The parks and resorts unit reported a 6% income benefit to $3.8 billion as it counted more visitors at made at home Disney resorts and aloft spending per guest.

Studio party revenues fell 6% to $1.7 billion. Disney pronounced year-ago box bureau sales of the unusual strike Frozen injured the second quarter’s opening in comparison. “The decreases in made at home home party and general melodramatic placement both reflected the opening of Big Hero 6 in the stream entertain compared to Frozen in the prior-year quarter,” Disney said.

Consumer products revenues increasing 10% to $971 million as Frozen-related toys sojourn prohibited sellers.

The interactive unit, that runs the digital businesses, reported a 12% income decrease to $235 million as sales of mobile games dipped.

AMC Networks’ Q1 income up on advertising, licensing

May 4th, 2015 No comments

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AMC Networks, the wire network user which front the strike zombie array The Walking Dead, said Monday its initial entertain net income rose 69% to $120.9 million as aloft promotion sales and affiliate fees gathering the income higher.

Earnings per widely separated share of $1.66 kick analysts’ accord guess of $1.55.

Shares of AMC (AMCX) rose 3% to $78.58 in sunrise trading.

“Viewers go on to welcome the strange programming,” pronounced AMC’s CEO Josh Sapan, in a statement, observant which the new Breaking Bad spin-off Better Call Saul was “the most-watched brand new array on wire in key advertiser demos.”

Revenue rose 27.5% to $669 million.

“Today’s formula paint the intensity (AMC) has for benefit beats when costs have been tranquil and the association monetizes a programming line-up with TV’s greatest show,” wrote Michael Nathanson, an attention researcher with MoffettNathanson, in a note to investors Monday.

Its made at home network operation, which includes AMC, IFC, SundanceTV and BBC America, reported a 25.4% income benefit to $562.8 million. Advertising sales rose 25.3%, and the association cited demand for strange programming at AMC and BBC America. Distribution income increased 25.6% as the association was in on all sides to direct higher affiliate and chartering fees.

Last October, AMC sealed an equity deal with BBC Worldwide to discharge BBC America in the U.S. AMC spent $200 million for a 49.9% equity interest in the wire channel and has operational control.

The international operation, which is apropos increasingly critical for AMC as an income source, and alternative associated businesses brought in $106.4 million in revenue, a 38.9% jump.

In January, 2014, AMC completed the merger of Chellomedia, the general calm multiplication of Liberty Global, for about $1 billion, a move which dramatically expanded the participation overseas. “Our general commercial operation is building well, with the portfolio of tellurian channels and clever internal brands benefiting from flourishing direct from distributors,” Sapan said.

Dreamworks shares fall as Q1 net loss widens

May 1st, 2015 No comments
Dreamworks' ultimate hit, Home, starring Rihanna.

Dreamworks’ ultimate hit, “Home,” co-starring Rihanna.

Shares of DreamWorks Animation fell some-more than 6% Friday after the college of music pronounced the first-quarter net detriment widened to $54.8 million as charges associated to a restructuring devise and pursuit cuts ate in to the bottom line.   

Company-wide income rose 13% to $166.5 million for the entertain which finished on Mar 31. In the year-ago period, it had $42.9 million in net loss.

Earnings per share totaled 64 cents vs. 45 cents estimated by analysts who were surveyed by Thomson Reuters. After adjusting for a little equipment associated to the restructuring plan, associated pursuit cuts and alternative costs, gain per share were 25 cents. Restructuring-related charges totaled $31.9 million during the quarter.

Shares fell $1.66 to $24.40 in Friday sunrise trading.

“While 2015 is a transitory year for us, the worldwide box bureau opening of Home serves as early justification which the changes we’re creation in the core underline existence commercial operation have been working,” pronounced Jeffrey Katzenberg, CEO of DreamWorks Animation, in a statement.

Revenue for the underline movie shred rose to $128 million from $110.1 million a year ago as multiform not long ago expelled titles, together with How to Train Your Dragon 2, achieved completely at the box office. How to Train Your Dragon 2 generated $41.4 million during the quarter. Mr. Peabody and Sherman brought in $31.5 million.

Home, with co-stars together with  Rihanna and Jennifer Lopez, was expelled on Mar twenty-seven and has reached $154 million at the made at home box bureau and an additional $154 million internationally, it said. The movie contributed $2.9 million of income in the stream quarter. The Penguins of Madagascar, expelled on Mar 17, contributed $2 million.

Dreamworks shares fall as Q1 net loss widens

May 1st, 2015 No comments
Dreamworks' ultimate hit, Home, starring Rihanna.

Dreamworks’ ultimate hit, “Home,” co-starring Rihanna.

Shares of DreamWorks Animation fell some-more than 6% Friday after the college of music pronounced the first-quarter net detriment widened to $54.8 million as charges associated to a restructuring devise and pursuit cuts ate in to the bottom line.   

Company-wide income rose 13% to $166.5 million for the entertain which finished on Mar 31. In the year-ago period, it had $42.9 million in net loss.

Earnings per share totaled 64 cents vs. 45 cents estimated by analysts who were surveyed by Thomson Reuters. After adjusting for a little equipment associated to the restructuring plan, associated pursuit cuts and alternative costs, gain per share were 25 cents. Restructuring-related charges totaled $31.9 million during the quarter.

Shares fell $1.66 to $24.40 in Friday sunrise trading.

“While 2015 is a transitory year for us, the worldwide box bureau opening of Home serves as early justification which the changes we’re creation in the core underline existence commercial operation have been working,” pronounced Jeffrey Katzenberg, CEO of DreamWorks Animation, in a statement.

Revenue for the underline movie shred rose to $128 million from $110.1 million a year ago as multiform not long ago expelled titles, together with How to Train Your Dragon 2, achieved completely at the box office. How to Train Your Dragon 2 generated $41.4 million during the quarter. Mr. Peabody and Sherman brought in $31.5 million.

Home, with co-stars together with  Rihanna and Jennifer Lopez, was expelled on Mar twenty-seven and has reached $154 million at the made at home box bureau and an additional $154 million internationally, it said. The movie contributed $2.9 million of income in the stream quarter. The Penguins of Madagascar, expelled on Mar 17, contributed $2 million.

New York Times Co. swings to loss on charges, ad sales drop

April 30th, 2015 No comments

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The New York Times Co. (NYT) pronounced Thursday the first-quarter net detriment totaled $14.2 million following a decrease in promotion sales and grant allotment payments to former employees.

Company-wide income declined 1.6% to $384.2 million as a medium benefit in circulation didn’t amply equivalent a 5.8% dump in advertising.

In the year-ago period, the association warranted $1.7 million on income of $390.4 million.

After adjusting for a little items, widely separated gain per share from stability operations totaled 11 cents, violence analysts’ guess of 8 cents.  In the initial quarter, the company recorded a $40.3 million grant allotment assign from a lump-sum remuneration to some former employees.

Shares rose 4.8% to $13.43 Thursday.

While the series of sole imitation copies fell, the dissemination income rose 0.8% to $211.5 million for the entertain since it increased home-delivery prices and digital subscription sales were higher.

Revenue from digital-only subscription products rose 14.4% to $46.1 million. Digital-only products had a sum of 957,000 paid customers, up 20% from a year ago.

Its promotion income totaled $149.9 million for the entertain as the rate of imitation promotion decrease outpaced the enlarge in digital sales. Print advertising sales fell 11.1%. Digital ad sales, that have up 28% of all ad revenue, totaled $42.3 million. That’s 10.7 % aloft than a year ago.

Viacom swings to net loss as movie business falls

April 30th, 2015 No comments

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Viacom, the media association which owns Paramount Pictures, MTV and Nickelodeon, said Thursday it swung to a net detriment of $53 million in the many not long ago finished entertain as the melodramatic film business suffered a decrease and operating expenses climbed.

Company-wide income fell 3% to $3.1 billion for the entertain which finished on Mar 31.

Adjusted benefit per share of $1.16 kick analysts’ accord guess of $1.08. Viacom practiced the figure to exclude restructuring and programming charges and a little taxation items.

Shares of Viacom (VIA) fell 1% in pre-market trade to $71.52.

The media networks unit, which includes the wire channels, reported a 3% benefit in income to $2.45 billion. Higher international advertising sales and associate fees gathering the unit’s gain, it said. Domestic promotion sales fell 5% as ratings for the networks remained sluggish. Worldwide promotion revenues were up 4%.

Revenue for its filmed party unit, together with Paramount, fell 21% to $659 million. Lower television permit fees and home party revenues contributed to the decline. And melodramatic revenues additionally fell 10%.

Charge! MasterCard profits surge

April 29th, 2015 No comments

images (1)MasterCard MA posted a 17% benefit in net income for the initial quarter, driven by an enlarge in exchange and aloft volumes, the credit label hulk pronounced Wednesday.

Net income rose to $1 billion, or 89 cents a share, vs. $870 million (73 cents) in the year-ago quarter. Revenue rose 3% to $2.23 billion from $2.17 billion.

“We have been handling well, notwithstanding a churned mercantile sourroundings and severe banking situation,” pronounced CEO Ajay Banga. “The underlying fundamentals of the commercial operation sojourn unchanged, pushing the capability to pointer brand new agreements with Citi and Itaú, work with digital giants and enhance the await of the businessman community. This, total with the concentration on costs, authorised us to go on to broach plain formula in the initial quarter.”
 
Shares have been up 3.3% to $93.23 in early trading.