Previous close | 77.47 |
Open | 75.88 |
Bid | 75.38 x 800 |
Ask | 75.38 x 900 |
Day's range | 75.11 - 75.92 |
52-week range | 75.11 - 100.94 |
Volume | |
Avg. volume | 814,059 |
Market cap | 93.237B |
Beta (5Y monthly) | 0.83 |
PE ratio (TTM) | 16.94 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.54 (0.72%) |
Ex-dividend date | 28 Sept 2023 |
1y target est | N/A |
Earnings preview of key companies reporting next week and what to look out for.
Paramount (PARA, PARAA) is in deal talks with Sony (SONY) and Apollo Global (APO), but should the potential suitors acquire the media giant, they have plans to break it up and sell off the CBS network. To shed light on this development, Bank of America Securities Senior US Media and Entertainment Analyst Jessica Reif Ehrlich joins Catalysts. Ehrlich notes that Sony "can't own" CBS due to foreign ownership rules. However, Ehrlich highlights that if the transaction were to proceed, two questions would arise: Who can afford to own CBS and who can even own CBS "from a legal perspective"? Note: Apollo Global Management is a majority owner of Yahoo, Yahoo Finance's parent company. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
SONY's Q4 revenues are likely to have been affected by lower hardware sales. Strength in the Music and Pictures segments is likely to have provided some cushioning to the top-line performance.