moody's CBS Moonves

Though media and telecom stocks did not improve by much for the week of November 16 according to Cablefax’s week in review, Viacom was the top winner with a share price of $51.88, a 5.40% increase. The company failed to beat analysts’ expectations of $3.88 billion in revenue, reporting $3.79 billion. However, CEO Philippe Dauman expects ratings to improve and a weak performance from Paramount Studios to rebound. Other winners include Discovery, at $29.98 a share, a 3.34% increase, and CBS at $48.88 a share, up 2.55%.

Top of the loser category was CommScope Holding, which also missed analysts’ expectations—in this case resulting in stocks tumbling. Revenue decreased by 3% year-over-year to $973 million, missing the expectation of $1.07 billion. Other stock price losers include Harmonic ($5.16 a share, down 12.54%) and Echostar ($39.73, down 12.3%). See the full rankings below.

Stock price winners:

1. VIACOM:……………………………………………………………..51.88……….. 5.40%

2. DISCOVERY:………………………………………………………..29.98……….. 3.34%

3. CBS:……………………………………………………………………49.88……….. 2.55%

4. CABLE ONE:………………………………………………………468.99……….. 2.41%

5. NEXSTAR:……………………………………………………………57.91……….. 2.08%

Stock price losers:

1. COMMSCOPE:……………………………………………………..26.50…….(18.03%)

2. HARMONIC:…………………………………………………………..5.16…….(12.54%)

3. ECHOSTAR:…………………………………………………………39.73………(12.3%)

4. AMDOCS:…………………………………………………………….54.10…….(10.89%)

5. SEACHANGE:………………………………………………………..6.12………..(9.6%)

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