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Experts Weigh In On AMC Earnings: 'Still A Business That Is So Incredibly Challenged'
Tuesday, August 10, 2021 - 1:33pm | 729AMC Entertainment Holdings Inc (NYSE: AMC) shares gained 1% on Tuesday after the company reported a smaller second-quarter loss than the market had expected. On Tuesday, AMC reported a second-quarter EPS loss of 71 cents on $444.7 million in revenue. Both numbers exceeded consensus analyst...
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For Netflix, Getting (And Keeping) Subscribers In The Face Of Competition Is Expensive
Wednesday, January 22, 2020 - 12:05pm | 1026Netflix, Inc. (NASDAQ: NFLX) beat expectations on total subscriber adds, EPS and revenue but the sell-side reaction was mixed with bears worried about lackluster growth in U.S. subscribers and heavy spending on content as competition ramps up. The mixed results on subscriber adds, strong...
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CBS Has Strong Quarter, But Viacom Merger Uncertainty Keeps Analysts On Sidelines
Friday, August 9, 2019 - 3:34pm | 619CBS Corporation (NYSE: CBS) reported strong second-quarter earnings on continued subscriber gains for its streaming platforms and good ad sales, but the growth remains overshadowed by the unsettled picture around the company’s possible merger with Viacom Inc. (NASDAQ: VIAB). “Cloudy...
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Binging On Netflix, Sell-Side Style: Analysts Review Company's Q3 Earnings
Tuesday, October 17, 2017 - 12:04pm | 598Netflix, Inc. (NASDAQ: NFLX) shares are surprisingly flat on Tuesday morning after the company reported its third-quarter earnings Monday afternoon. The market can’t seem to decide what to make of Netflix’s numbers. Here’s what six Wall Street analysts had to say. Voices From The...
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Wall Street Is Mostly Positive On Netflix's Price Hike
Monday, October 9, 2017 - 8:46am | 750Netflix, Inc. (NASDAQ: NFLX) announced last week it will be boosting the monthly cost for consumers to use its service for its high-end and medium-end packages. The report was for the most part well received by Wall Street analysts, some of which revised their bullish stance upward. Oppenheimer:...
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Netflix Flexes Its Pricing Power
Friday, October 6, 2017 - 9:46am | 557Shares of Netflix, Inc. (NASDAQ: NFLX) gained more than 5 percent on Thursday and hit a new all-time high of $194.49 as investors reacted favorably to the company's announcement of a price hike for U.S. consumers. The cost for Netflix's high-end plan, which allows users to stream on four devices in...
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Netflix Investor Apathy May Set Up Near-Term Upside; Analyst Raises Target To $225
Wednesday, October 4, 2017 - 11:02am | 353Analysts at UBS turned incrementally bullish on Netflix, Inc. (NASDAQ: NFLX) as the company's third quarter guidance appears to be conservative. Analyst Doug Mitchelson maintains a Buy rating on Netflix's stock with a price target boosted from $190 to $225 after proprietary checks found...
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Disney's CEO Hypes New Streaming Service: It's Gonna Be Big, It's Gonna Be Hot
Friday, September 8, 2017 - 11:48am | 414Walt Disney Co (NYSE: DIS) CEO Bob Iger keeps confirming what was obvious a month ago: The roster of the original Marvel shows currently running on Netflix, Inc. (NASDAQ: NFLX) will be joining the Mouse House’s new streaming service when the contracts between the companies are up in 2019....
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Disney Headwinds Could Soon Shift To Tailwinds; Is Now The Time To Buy?
Tuesday, September 5, 2017 - 12:10pm | 443Over the past few years, Walt Disney Co (NYSE: DIS)'s investors have had to worry about the same headwind: subscriber losses from its ESPN unit. But these concerns should be considered "overblown," at least according to UBS's Doug Mitchelson, who maintains a Buy rating and $126...
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Long Live The King? Disney Takes Streaming Into Its Own Hands
Wednesday, August 9, 2017 - 12:07pm | 581For a time, Walt Disney Co (NYSE: DIS) was content to share the wealth of its popular portfolio. But now it’s scrapping middlemen and taking distribution into its own hands. The company announced Tuesday its plans to launch ESPN- and Disney-branded over-the-top services in 2018 and 2019,...
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Viacom: Solid Execution Vs. Remaining Challenges
Monday, August 7, 2017 - 9:45am | 502Viacom, Inc. (NASDAQ: VIA) shares fell steeply last Friday in reaction to its fiscal third-quarter results released Thursday after the market close. Against the backdrop, UBS discussed the solid execution of the company and the remaining challenges it faces. Solid Execution Analyst Doug Mitchelson...
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11 Wall Street Analysts Weigh In On Netflix's Blowout Quarter
Tuesday, July 18, 2017 - 4:28pm | 1015Netflix, Inc. (NASDAQ: NFLX) shares surged 13.3 percent on Tuesday after the company reported blowout subscriber growth in Q2. A number of Wall Street analysts commented on the stock following the report. The stock closed Tuesday at a new all-time high of $183.60, up 13.5 percent on the day. Here...
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Has All The Negative Sentiment Over Cord-Cutting Turned Entertainment Stocks Into A Bear Trap?
Monday, July 17, 2017 - 12:04pm | 418Can media stock investors expect a great second-quarter earnings season? No, according UBS analyst Doug Mitchelson, but it shouldn’t be disastrous either and there may even be hope for the future. Investors are largely bearish, noting the seemingly unstoppable growth of non-traditional media...
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How Will Charter's 'Sports-Free' Cable Bundle Affect Disney's ESPN?
Wednesday, July 5, 2017 - 8:18am | 372Charter Communications, Inc. (NASDAQ: CHTR) is reportedly offering a new sports-free cable TV bundle for $19.95 per month. The bundle is called Spectrum TV Stream, and it excludes Walt Disney Co (NYSE: DIS)’s ESPN. While Charter has had a similar offer in the table since 2015, Disney...
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The Sell-Side Responds To Netflix's Q1 Earnings
Tuesday, April 18, 2017 - 2:11pm | 754Shares of Netflix, Inc. (NASDAQ: NFLX) were trading lower by around 1 percent Tuesday morning after the company reported its first-quarter results. Here is a summary of what some of Wall Street's most notable analysts were saying after the print. Deutsche Bank: Maintain At Hold Bryan Kraft of...