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May 07, 2020
ViacomCBS (VIAC, $16.42) beats Q1 earnings estimate

ViacomCBS (VIAC, $16.42) beats Q1 earnings estimate

ViacomCBS  beat the Street's first-quarter earnings expectations, in its its first report for a full quarter of the Viacom and CBS merger.

The media behemoth’s  adjusted earnings came in at $1.13 a share for the quarter, which surpassed analysts’ estimate of  95 cents a share.

Revenue fell -6% year-over-year to $6.67 billion, but exceeded Wall Street's expectation of $6.57 billion.

Sales from the advertising segment fell -19% year over year.  The NCAA cancelled its championship basketball tournament this year because of the coronavirus pandemic.

However, domestic streaming and digital video revenue, including streaming subscription and digital video advertising revenue, surged +51% from the prior year quarter to $471 million.

Also, film revenue grew +11%, on the back of  licensing and home entertainment growth.

ViacomCBS said it has access to $3.5 billion revolving credit facility and other liquidity sources.

Related Ticker: PSKY

PSKY's Indicator enters downward trend

The Aroon Indicator for PSKY entered a downward trend on July 08, 2026. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 284 similar instances where the Aroon Indicator formed such a pattern. In of the 284 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 51 cases where PSKY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on July 09, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on PSKY as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PSKY turned negative on July 09, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .

PSKY moved below its 50-day moving average on July 06, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for PSKY crossed bearishly below the 50-day moving average on June 09, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PSKY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PSKY's RSI Oscillator exited the oversold zone, of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PSKY advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .

PSKY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. PSKY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.900) is normal, around the industry mean (12.637). PSKY has a moderately high P/E Ratio (371.000) as compared to the industry average of (103.100). Projected Growth (PEG Ratio) (1.310) is also within normal values, averaging (13.810). Dividend Yield (0.021) settles around the average of (0.017) among similar stocks. P/S Ratio (0.260) is also within normal values, averaging (2.967).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PSKY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock worse than average.

Notable companies

The most notable companies in this group are Netflix Inc. (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Roku (NASDAQ:ROKU), Paramount Skydance Corporation (NASDAQ:PSKY), AMC Entertainment Holdings (NYSE:AMC), iQIYI (NASDAQ:IQ), HUYA (NYSE:HUYA).

Industry description

Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.

Market Cap

The average market capitalization across the Movies/Entertainment Industry is 16.9B. The market cap for tickers in the group ranges from 134 to 308.95B. NFLX holds the highest valuation in this group at 308.95B. The lowest valued company is LRDG at 134.

High and low price notable news

The average weekly price growth across all stocks in the Movies/Entertainment Industry was -6%. For the same Industry, the average monthly price growth was -8%, and the average quarterly price growth was -2%. ANGX experienced the highest price growth at 13%, while NIPG experienced the biggest fall at -97%.

Volume

The average weekly volume growth across all stocks in the Movies/Entertainment Industry was -8%. For the same stocks of the Industry, the average monthly volume growth was -71% and the average quarterly volume growth was -40%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 66
P/E Growth Rating: 53
Price Growth Rating: 58
SMR Rating: 83
Profit Risk Rating: 80
Seasonality Score: -10 (-100 ... +100)
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General Information

a mass media company, which creates and distributes content across a variety of platforms to audiences around the world.

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