Published on 14 Feb 2022 on FX Empire via Yahoo Finance
Preview: What to Expect From ViacomCBS’ Earnings on Tuesday
ViacomCBS Inc, an American diversified multinational mass media conglomerate, is expected to report its fourth-quarter earnings of $0.37 per share, which represents a year-over-year decline of over 60% from $1.04 per share seen in the same period a year ago.
The mass media company would post revenue growth of more than 9% to $7.51 billion from $6.87 billion a year earlier. The company has beaten consensus earnings estimates in most of the quarters in the last two years, at least.
ViacomCBS stock traded flat at $35.99 in pre-market trading on Monday. The stock rose more than 19% so far this year after slumping nearly 19% in 2021.