Martha Stewart Living Omnimedia, Inc.’s (MSO) Fourth Quarter Preview

Analysts David B. Kestenbaum, and Heather Hou at Morgan Joseph have released a report previewing the fourth-quarter at Martha Stewart Living Omnimedia, Inc. (NSYE: MSO). The company is scheduled to report results for the fourth-quarter tomorrow.

Analysts expect the company to report robust results for the quarter. Analysts are expecting the revenue from print advertising to stabilize at 0.9% year-over-year growth after seeing a decline of 20% in the previous three quarters.

Analysts expect the internet advertising growth to be strong. Analysts are expecting internet advertising to report 35% top-line growth. Analysts are expecting broadcasting revenues to show substantial growth, although they expect a negative impact on it from the renegotiated Sirius Satellite Radio (NASDAQ: SIRI) contract.

Analysts expect the company to report revenue of $84.8 million in the fourth-quarter, which is a 16.4% year-over-year growth, and below the consensus forecast of $94.9 million. Analysts expect the company to report EPS of $0.29 in the fourth-quarter.

Analysts at Morgan Joseph have a Buy rating for Martha Stewart Living Omnimedia, Inc., with a price target of $6.25.