Market Overview

The Benchmark Company Lowers PT to $51 on Viacom


A report from The Benchmark Company reiterates its Hold rating and lowers its price target from $53 to $51 on Viacom (NYSE: VIA.B).

The report states, “Viacom… reported solid revenue and EPS for F4Q11 (September) with EPS of $1.06 beating consensus of $1.02. Total revenue grew by 22% y/y to $4 billion, ahead of our estimate and consensus at $3.8 billion. Upside in the quarter was driven by growth in Entertainment, up 46% y/y. Adjusted OIBDA growth of 23% y/y to $1.16 billion benefited from high Entertainment margins as expenses for Transformers were primarily incurred in F3Q.”

VIA.B closed yesterday at $43.61.


Related Articles (VIA.B)

View Comments and Join the Discussion!

Posted-In: The Benchmark CompanyAnalyst Color Earnings News Price Target Analyst Ratings

Latest Ratings

UBERRBC CapitalMaintains50.0
WIXJMP SecuritiesMaintains363.0
CVIJP MorganInitiates Coverage On22.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at