Published on 12 Jan 2022 on Zacks via Yahoo Finance
ViacomCBS (VIAC) Gains But Lags Market: What You Should Know
ViacomCBS (VIAC) closed the most recent trading day at $34.96, moving +0.14% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.92%. Elsewhere, the Dow gained 0.51%, while the tech-heavy Nasdaq added 0.54%.
Prior to today's trading, shares of the company had gained 15.1% over the past month. This has outpaced the Consumer Discretionary sector's loss of 3.45% and the S&P 500's loss of 0.85% in that time.
Wall Street will be looking for positivity from ViacomCBS as it approaches its next earnings report date. The company is expected to report EPS of $0.39, down 62.5% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $7.46 billion, up 8.52% from the year-ago period.