Core Insights - Warner Bros. Discovery reported a quarterly loss of $0.06 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.04, and compared to earnings of $0.05 per share a year ago [1][2] - The company's revenues for the quarter ended September 2025 were $9.05 billion, missing the Zacks Consensus Estimate by 1.44% and down from $9.62 billion a year ago [3] - The stock has increased approximately 115.3% year-to-date, significantly outperforming the S&P 500's gain of 15.6% [4] Financial Performance - The earnings surprise for the latest quarter was -50.00%, with the company having surpassed consensus EPS estimates only once in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $9.58 billion, and for the current fiscal year, it is $0.37 on revenues of $37.55 billion [8] Industry Context - Warner Bros. Discovery operates within the Broadcast Radio and Television industry, which is currently ranked in the top 41% of over 250 Zacks industries [9] - The performance of the stock may be influenced by the overall industry outlook, as historically, the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9] Future Outlook - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [4][5] - The estimate revisions trend prior to the earnings release was mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [7]

Core Insights - Warner Bros. Discovery (WBD) is expected to report third-quarter 2025 results on November 6, with revenues estimated at $9.18 billion, reflecting a year-over-year decline of 4.64% [1] - The consensus estimate for loss is projected at 4 cents per share, a significant drop from a profit of 5 cents in the same quarter last year, although this estimate has improved by 4 cents over the past month [1] Revenue Estimates - The Zacks consensus estimate for third-quarter 2025 Studios revenues is $3.18 billion, indicating an 18.8% increase from the previous year [9] - Streaming revenues are estimated at $2.74 billion, suggesting a rise of 4.1% year-over-year [9] - Global Linear Networks revenues are projected at $3.95 billion, reflecting a decrease of 21.1% from the year-ago quarter [10] - Distribution revenues are expected to be $4.81 billion, indicating a 2.1% decline [10] - Advertising revenues are pegged at $1.48 billion, suggesting an 11.8% decrease [10] - Content revenues are estimated at $2.77 billion, indicating a 2% rise from the previous year [11] Earnings Performance - In the last reported quarter, WBD achieved an earnings surprise of 171.43%, beating the Zacks Consensus Estimate in two of the last four quarters, with an average positive surprise of 3.8% [3] - The company has a current Earnings ESP of +35% and a Zacks Rank of 3 (Hold), indicating a potential for an earnings beat [4] Operational Highlights - WBD entered Q3 2025 with strong momentum in theatrical and streaming operations, following a successful Q2 [5] - The Streaming segment reported its first quarterly profit of $293 million, while Studios' revenues surged by 54% year-over-year [5] - Global streaming subscribers increased by 3.4 million to reach 125.7 million [5] Theatrical Performance - WBD's theatrical portfolio led the global box office, with significant openings including Superman at $125 million domestically [6] - The company is projected to surpass $4 billion in global box office receipts for 2025, outperforming competitors like Disney and Amazon Studios [7] Market Position and Valuation - WBD shares have appreciated 110.9% year-to-date, significantly outperforming its industry and sector peers [12] - The company is currently trading at 1.46X forward 12-month price-to-sales, below the industry average of 4.73X, making it the most attractively valued among major media peers [14]

Group 1 - Fox Corporation is part of the Consumer Discretionary group, which ranks 9 among 16 groups in the Zacks Sector Rank [2] - The Zacks Rank for Fox Corporation is 1 (Strong Buy), indicating a strong potential for outperformance in the market [3] - The Zacks Consensus Estimate for Fox Corporation's full-year earnings has increased by 12.9% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - Year-to-date, Fox Corporation has returned approximately 25.3%, significantly outperforming the average gain of 2.5% for Consumer Discretionary stocks [4] - Fox Corporation is part of the Broadcast Radio and Television industry, which ranks 96 in the Zacks Industry Rank and has gained an average of 24.4% this year [6] - Another stock in the Consumer Discretionary sector, Fox (FOXA), has returned 31% year-to-date and also holds a Zacks Rank of 1 (Strong Buy) [5]

Group 1 - Fox Corporation (FOX) has shown strong stock performance, with shares up 5.3% over the past month and reaching a new 52-week high of $59.99. The stock has gained 28.6% year-to-date, outperforming the Zacks Consumer Discretionary sector, which is down 3.5%, and the Zacks Broadcast Radio and Television industry, which has returned 23.4% [1] Group 2 - The stock has a strong record of positive earnings surprises, beating the Zacks Consensus Estimate in the last four quarters. In the latest earnings report on October 30, 2025, Fox reported EPS of $1.51, exceeding the consensus estimate of $1.06, and beat the revenue estimate by 5.39% [2] Group 3 - For the current fiscal year, Fox is expected to post earnings of $4.14 per share on revenues of $15.71 billion, reflecting a -13.39% change in EPS and a -3.62% change in revenues. For the next fiscal year, earnings are projected to be $4.7 per share on revenues of $16.24 billion, indicating a year-over-year change of 13.45% and 3.38%, respectively [3] Group 4 - Fox has a Value Score of A, with Growth and Momentum Scores of B and F, respectively, resulting in a VGM Score of B. This suggests that the stock is appealing to value investors [6][8] Group 5 - The stock currently trades at 14.2X current fiscal year EPS estimates, below the peer industry average of 31.4X. On a trailing cash flow basis, it trades at 10.1X compared to the peer group's average of 4.9X. The PEG ratio stands at 1.4, placing Fox in the top tier of stocks from a value perspective [7] Group 6 - Fox holds a Zacks Rank of 1 (Strong Buy) due to a solid earnings estimate revision trend, aligning with the recommendation for investors to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, indicating potential for Fox shares in the near future [8]

分组1 - Roku reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.07 per share, compared to a loss of $0.06 per share a year ago, representing an earnings surprise of +128.57% [1] - The company posted revenues of $1.21 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.45%, and showing an increase from year-ago revenues of $1.06 billion [2] - Roku has surpassed consensus EPS estimates and revenue estimates for the last four quarters [2] 分组2 - Roku shares have increased approximately 32.7% since the beginning of the year, outperforming the S&P 500's gain of 17.2% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for future stock performance [4][6] - The current consensus EPS estimate for the coming quarter is $0.22 on revenues of $1.32 billion, and $0.18 on revenues of $4.66 billion for the current fiscal year [7] 分组3 - The Broadcast Radio and Television industry, to which Roku belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - AMC Networks, another company in the same industry, is expected to report a significant year-over-year earnings decline of -65.9% for the quarter ended September 2025 [9]

Core Insights - Fox Corporation reported earnings per share of $1.51, exceeding the estimated $1.10, and showing a year-over-year improvement from $1.45 [2][6] - The company's revenue for the quarter ending September 2025 reached approximately $3.74 billion, surpassing estimates and reflecting a 4.66% increase over the Zacks Consensus Estimate [3][6] - Strong financial results are attributed to robust advertising sales, particularly in the Television unit and Cable Network Programming division [4][6] Financial Performance - Earnings surprise of 42.45% indicates Fox's consistent ability to exceed market expectations [2] - Advertising revenue in the Television unit increased by 6% to $1.07 billion, while the Cable Network Programming division saw a 7% rise in ad revenue, reaching $345 million [4] - Over the past four quarters, Fox has consistently outperformed consensus estimates for both earnings and revenue [3] Market Position - Fox Corporation has a price-to-earnings (P/E) ratio of approximately 14.36, a price-to-sales ratio of about 1.77, and an enterprise value to sales ratio around 1.90 [5] - The company's earnings yield is about 6.97%, and its debt-to-equity ratio is approximately 0.54, indicating a moderate level of debt relative to equity [5] - A current ratio of about 3.24 suggests strong liquidity [5]

Core Insights - Cumulus Media reported a quarterly loss of $1.17 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.83, and compared to a loss of $0.61 per share a year ago, indicating a significant earnings surprise of -40.96% [1] - The company generated revenues of $180.26 million for the quarter ended September 2025, slightly surpassing the Zacks Consensus Estimate by 0.28%, but down from $203.6 million in the same quarter last year [2] - Cumulus shares have declined approximately 78.1% year-to-date, contrasting with the S&P 500's gain of 17.2% [3] Financial Performance - Over the last four quarters, Cumulus has exceeded consensus EPS estimates twice and topped revenue estimates two times as well [2] - The current consensus EPS estimate for the upcoming quarter is -$0.69 on revenues of $194.7 million, and for the current fiscal year, it is -$4.14 on revenues of $747.83 million [7] Industry Outlook - The Broadcast Radio and Television industry, to which Cumulus belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting a challenging environment for performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Cumulus's stock performance [5] Future Expectations - The sustainability of Cumulus's stock price movement will largely depend on management's commentary during the earnings call and the subsequent revisions of earnings estimates [3][4] - The estimate revisions trend for Cumulus was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]

Core Insights - Fox (FOXA) reported quarterly earnings of $1.51 per share, exceeding the Zacks Consensus Estimate of $1.06 per share, and showing an increase from $1.45 per share a year ago, resulting in an earnings surprise of +42.45% [1] - The company achieved revenues of $3.74 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.66% and up from $3.56 billion year-over-year [2] - Fox has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The earnings surprise of +42.45% indicates strong performance relative to expectations, with a previous quarter's surprise of +25.74% [1][2] - The current consensus EPS estimate for the upcoming quarter is $0.55, with projected revenues of $5 billion, and for the current fiscal year, the estimate is $4.20 on $15.92 billion in revenues [7] Stock Performance - Fox shares have increased approximately 25.2% since the beginning of the year, outperforming the S&P 500's gain of 17.2% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for continued outperformance in the near future [6] Industry Outlook - The Broadcast Radio and Television industry, to which Fox belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Insights - Fox Corporation reported quarterly earnings of $1.51 per share, exceeding the Zacks Consensus Estimate of $1.06 per share, and showing an increase from $1.45 per share a year ago, resulting in an earnings surprise of +42.45% [1] - The company achieved revenues of $3.74 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.66% and up from $3.56 billion year-over-year [2] - Fox shares have increased approximately 18.8% year-to-date, outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.74 on revenues of $4.92 billion, and for the current fiscal year, it is $4.14 on revenues of $15.71 billion [7] - The estimate revisions trend for Fox was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Broadcast Radio and Television industry, to which Fox belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting that the industry's outlook can significantly impact stock performance [8]

Core Insights - Sirius XM reported quarterly earnings of $0.84 per share, exceeding the Zacks Consensus Estimate of $0.79 per share, and a significant improvement from a loss of $0.84 per share a year ago, indicating an earnings surprise of +6.33% [1] - The company generated revenues of $2.16 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.54%, although this represents a slight decline from year-ago revenues of $2.17 billion [2] Earnings Performance - Over the last four quarters, Sirius XM has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is $0.75 on revenues of $2.17 billion, while for the current fiscal year, the estimate is $2.70 on revenues of $8.53 billion [7] Stock Performance and Outlook - Sirius XM shares have declined approximately 7.6% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [3] - The company's Zacks Rank is currently 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Context - The Broadcast Radio and Television industry, to which Sirius XM belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Sirius XM's stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]