Withi
Within the newest buying and selling session, ViacomCBS (VIAC) closed at $16.40, marking a +1.61% transfer from the day prior to this. This alteration lagged the S&P 500’s 9.28% achieve on the day. In the meantime, the Dow gained 9.36%, and the Nasdaq, a tech-heavy index, added 9.34%.
Heading into at present, shares of the corporate had misplaced 53.86% over the previous month, lagging the Client Discretionary sector’s lack of 31.11% and the S&P 500’s lack of 26.56% in that point.
VIAC can be seeking to show power because it nears its subsequent earnings launch. The corporate is anticipated to report EPS of $1.31, down 4.38% from the prior-year quarter. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $7.09 billion, up 70.07% from the year-ago interval.
VIAC’s full-year Zacks Consensus Estimates are calling for earnings of $5.89 per share and income of $29.14 billion. These outcomes would signify year-over-year modifications of +17.56% and +60.65%, respectively.
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