3 Big Media Stocks to Scope Out Before Earnings

Electronic Arts, Inc. (NASDAQ:ERTS) will unveil its latest earnings on Thursday, October 27, 2011. The average estimate of analysts is for a loss of 15 cents per share, a wider loss from the year earlier quarter net loss of 3 cents. During the past three months, the average estimate has moved up from a loss of 17 cents. Between one and three months ago, the average estimate moved up. It has risen from a loss of 16 cents during the last month. Analysts are projecting profit to rise by 211.1% versus last year to 56 cents.

Last quarter, the company fell short of estimates by 0 cents, coming in at net loss of 48 cents per share against a mean estimate of a loss of 45 cents. The company fell in line with expectations in the fourth quarter of the last fiscal year. Revenue analysts are projecting a rise of 9.1% in revenue from the year-earlier quarter to $964.8 million.

Competitors to Watch: Activision Blizzard, Inc. (NASDAQ:ATVI), THQ Inc. (NASDAQ:THQI), Take-Two Interactive Software, Inc. (NASDAQ:TTWO), Microsoft Corporation (NASDAQ:MSFT), KONAMI CORPORATION (NYSE:KNM), Majesco Entertainment Co. (NASDAQ:COOL), Sony Corporation (NYSE:SNE), The Walt Disney Company (NYSE:DIS), and Glu Mobile Inc. (NASDAQ:GLUU).

Cablevision Systems Corporation (NYSE:CVC) will unveil its latest earnings on Friday, October 28, 2011. The average estimate of analysts is for net income of 32 cents per share, a decline of 13.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 39 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 33 cents during the last month. For the year, analysts are projecting profit of $1.26 per share, a rise of 4.1% from last year.

The company enters this earnings report having missed estimates the last four quarters. Last quarter, the company fell short of expectations by 21 cents, reporting net income of of 24 cents per share against a mean estimate of profit of 45 cents per share. Revenue analysts are projecting a decline of 7.7% in revenue from the year-earlier quarter to $1.67 billion.

Competitors to Watch: Comcast Corporation (NASDAQ:CMCSA), Time Warner Cable Inc. (NYSE:TWC), Mediacom Communications Corp. (NASDAQ:MCCC), Time Warner Inc. (NYSE:TWX), Charter Communications, Inc. (NASDAQ:CHTR), DISH Network Corp. (NASDAQ:DISH), DirecTV (NASDAQ:DTV), TiVo (NASDAQ:TIVO), Netflix (NASDAQ:NFLX), The Walt Disney Company (NYSE:DIS), Liberty Global Inc. (NASDAQ:LBTYA), and China Cablecom Hldgs. Ltd. (NASDAQ:CABL).

Time Warner Cable, Inc. (NYSE:TWC) will unveil its latest earnings on Thursday, October 27, 2011. The average estimate of analysts is for net income of $1.14 per share, a rise of 18.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.18. Between one and three months ago, the average estimate moved down. It also has dropped from $1.15 during the last month. For the year, analysts are projecting profit of $4.56 per share, a rise of 22.6% from last year.

The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of $1.18 per share against the mean estimate of $1.15. In the prior quarter, the company reported profit of $1.01. Revenue analysts are projecting a rise of 4.7% in revenue from the year-earlier quarter to $4.95 billion.

Competitors to Watch: Comcast Corporation (NASDAQ:CMCSA), Cablevision Systems Corp. (NYSE:CVC), Mediacom Communications Corp. (NASDAQ:MCCC), Time Warner Inc. (NYSE:TWX), AT&T Inc. (NYSE:T), DISH Network Corp. (NASDAQ:DISH), Charter Communications, Inc. (NASDAQ:CHTR), Verizon Communications Inc. (NYSE:VZ), DIRECTV (NASDAQ:DTV), and China Cablecom Hldgs. Ltd. (NASDAQ:CABL).