Shares of Viacom Rank the Lowest in Terms of Projected Earnings Growth in the Movies & Entertainment Industry (VIA, DIS, TWX, CNK, IMAX)
Below are the three companies in the Movies & Entertainment industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Viacom ranks lowest with a projected earnings growth of 7.0%. Walt Disney is next with a projected earnings growth of 9.7%. Time Warner ranks third lowest with a projected earnings growth of 12.4%.
Cinemark follows with a projected earnings growth of 17.2%, and Imax rounds out the bottom five with a projected earnings growth of 33.9%.
SmarTrend recommended that its subscribers protect gains by selling shares of Viacom on August 9th, 2016 by issuing a Downtrend alert when the shares were trading at $47.26. Since that call, shares of Viacom have fallen 11.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest projected earnings growth Viacom Walt Disney Time Warner cinemark