Published on 25 Jan 2022 on Zacks via Yahoo Finance
ViacomCBS (VIAC) closed at $32.86 in the latest trading session, marking a +0.95% move from the prior day. This change outpaced the S&P 500's 1.22% loss on the day. At the same time, the Dow lost 0.19%, and the tech-heavy Nasdaq lost 0.53%.
Prior to today's trading, shares of the company had gained 8.07% over the past month. This has outpaced the Consumer Discretionary sector's loss of 10.68% and the S&P 500's loss of 6.58% in that time.
Investors will be hoping for strength from ViacomCBS as it approaches its next earnings release, which is expected to be February 15, 2022. In that report, analysts expect ViacomCBS to post earnings of $0.38 per share. This would mark a year-over-year decline of 63.46%. Our most recent consensus estimate is calling for quarterly revenue of $7.46 billion, up 8.52% from the year-ago period.