Company Performance - E.W. Scripps reported a quarterly loss of $0.18 per share, better than the Zacks Consensus Estimate of a loss of $0.23, but worse than a loss of $0.10 per share a year ago, indicating an earnings surprise of 21.74% [1] - The company posted revenues of $524.39 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.94%, but down from $561.46 million in the same quarter last year [2] - Over the last four quarters, E.W. Scripps has surpassed consensus EPS estimates just once, while it has topped consensus revenue estimates three times [2] Stock Performance - E.W. Scripps shares have increased by approximately 8.1% since the beginning of the year, contrasting with the S&P 500's decline of 4.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.07 on revenues of $548.7 million, and for the current fiscal year, it is $0.07 on revenues of $2.2 billion [7] Industry Outlook - The Broadcast Radio and Television industry, to which E.W. Scripps belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

Saga Communications (SGA) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.24%. A quarter ago, it was expected that this broadcasting company would post a loss of $0.12 per share when it actually produced earnings of $0.20, delivering a surprise of 266.67%.Over the last four quarters, the c ...

TEGNA Inc. (TGNA) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.82%. A quarter ago, it was expected that this company would post earnings of $1.15 per share when it actually produced earnings of $1.21, delivering a surprise of 5.22%.Over the last four quarters, the company has sur ...

Core Insights - Warner Bros. Discovery reported a quarterly loss of $0.18 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.12, but an improvement from a loss of $0.40 per share a year ago [1][2] - The company's revenues for the quarter were $8.98 billion, missing the Zacks Consensus Estimate by 7.34% and down from $9.96 billion year-over-year [3] - The stock has underperformed the market, losing about 19% since the beginning of the year compared to the S&P 500's decline of 4.3% [4] Financial Performance - The earnings surprise for the latest quarter was -50%, and the company has only surpassed consensus EPS estimates once in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -$0.19 on revenues of $9.72 billion, and for the current fiscal year, it is -$0.14 on revenues of $38.68 billion [8] Industry Context - Warner Bros. Discovery operates within the Zacks Broadcast Radio and Television industry, which is currently ranked in the top 38% of over 250 Zacks industries [9] - The industry outlook can significantly impact the stock's performance, with research indicating that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9] Future Outlook - The estimate revisions trend for Warner Bros. Discovery is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [7] - The upcoming earnings call will be crucial for assessing future earnings expectations and stock price movements [4][5]

Company Performance - Townsquare Media reported a quarterly loss of $0.05 per share, matching the Zacks Consensus Estimate, compared to earnings of $0.03 per share a year ago [1] - The company posted revenues of $98.68 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.27%, and down from $99.63 million year-over-year [2] - Over the last four quarters, Townsquare has not surpassed consensus EPS estimates and has topped revenue estimates only once [2] Stock Movement and Outlook - Townsquare shares have declined approximately 24.8% since the beginning of the year, contrasting with the S&P 500's decline of 4.3% [3] - The company's earnings outlook is mixed, with current consensus EPS estimates at $0.26 for the coming quarter and $0.68 for the current fiscal year [7] - The Zacks Rank for Townsquare is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Broadcast Radio and Television industry, to which Townsquare belongs, is currently in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Townsquare's stock performance [5]

Gray Media (GTN) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.49. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 53.06%. A quarter ago, it was expected that this broadcast television company would post earnings of $1.59 per share when it actually produced earnings of $1.59, delivering no surprise.Over the last four quarters, the compan ...

Company Overview - Fox Corporation is expected to report quarterly earnings of $0.96 per share, reflecting a year-over-year decline of 11.9% [3] - Revenues are anticipated to reach $4.15 billion, which is an increase of 20.5% compared to the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 4.84% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Fox is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +4.53% [10][11] - Fox currently holds a Zacks Rank of 2 (Buy), suggesting a strong likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Fox exceeded the expected earnings of $0.61 per share by delivering $0.96, resulting in a surprise of +57.38% [12] - Over the past four quarters, Fox has beaten consensus EPS estimates three times [13] Industry Context - E.W. Scripps, another player in the Zacks Broadcast Radio and Television industry, is expected to report a loss of $0.23 per share, indicating a year-over-year change of -130% [17] - E.W. Scripps has an Earnings ESP of 0.00% and has not beaten consensus EPS estimates in any of the last four quarters [18]

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Charter Communications (CHTR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Charter Communications is a member of our Consumer Discretionary group, which includes 256 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average ...

Group 1 - Cumulus Media reported a quarterly loss of $1.88 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.29, and compared to a loss of $0.85 per share a year ago, indicating a significant earnings surprise of -45.74% [1] - The company posted revenues of $187.35 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.45%, and down from $200.05 million in the same quarter last year [2] - Cumulus shares have declined approximately 65.2% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] Group 2 - The earnings outlook for Cumulus is mixed, with the current consensus EPS estimate for the coming quarter at -$0.67 on revenues of $191.65 million, and -$3.21 on revenues of $776.2 million for the current fiscal year [7] - The Broadcast Radio and Television industry, to which Cumulus belongs, is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - TEGNA Inc., another company in the same industry, is expected to report quarterly earnings of $0.34 per share, reflecting a year-over-year decline of -24.4%, with revenues anticipated to be $677.17 million, down 5.2% from the previous year [9]

Financial Performance - Sirius XM reported quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.70 per share, and down from $0.70 per share a year ago, representing an earnings surprise of -15.71% [1] - The company posted revenues of $2.07 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.72%, and down from $2.16 billion year-over-year [2] - Over the last four quarters, Sirius XM has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance and Outlook - Sirius XM shares have declined approximately 6.1% since the beginning of the year, compared to a decline of -5.3% for the S&P 500 [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [3][4] Earnings Estimates and Industry Context - The current consensus EPS estimate for the upcoming quarter is $0.88 on revenues of $2.13 billion, and for the current fiscal year, it is $3.20 on revenues of $8.52 billion [7] - The Broadcast Radio and Television industry, to which Sirius XM belongs, is currently ranked in the top 11% of over 250 Zacks industries, indicating a favorable industry outlook [8]