Viacom Reports First Quarter Results

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Go back to Viacom Reports First Quarter Results

Viacom (VIAB) PT Raised to $33 at Deutsche Bank

February 12, 2018 6:45 AM EST

Deutsche Bank raised its price target on Viacom (NASDAQ: VIAB) to $33.00 (from $28.00) while maintaining a Hold rating.

Analsyt Bryan Kraft commented, "Our higher PT reflects a higher fundamental forecast for Media Networks and a higher valuation for Viacom 18 ($780M, or 12x estimated... More

Viacom (VIAB) Tops Q4 EPS by 9c, Revs Miss

February 8, 2018 7:12 AM EST

Viacom (NASDAQ: VIAB) (NASDAQ: VIA) reported Q4 EPS of $1.03, versus $0.94 reported last year. Revenue for the quarter came in at $3.07 billion versus the consensus estimate of $3.14 billion.

Bob Bakish, President and Chief Executive Officer, said, In the quarter, Viacom aggressively drove progress on our strategic plan, delivering improvements in our business and positioning the Company for the future. Viacoms... More