4 Big Media Stocks to Analyze Post Earnings

Comcast Corporation (NASDAQ:CMCSA) reported net income above Wall Street’s expectations for the first quarter. Net income for Comcast Corporation rose to $1.22 billion (45 cents per share) vs. $943 million (34 cents per share) in the same quarter a year earlier. This marks a rise of 29.8% from the year-earlier quarter. Revenue rose 22.7% to $14.88 billion from the year-earlier quarter. Comcast Corporation beat the mean analyst estimate of 42 cents per share. It beat the average revenue estimate of $14.43 billion.

IAC/InterActiveCorp (NASDAQ:IACI) reported net income above Wall Street’s expectations for the first quarter. Net income for IAC/InterActiveCorp rose to $34.5 million (38 cents per share) vs. $18.1 million (19 cents per share) in the same quarter a year earlier. This marks a rise of 90.8% from the year-earlier quarter. Revenue rose 39.2% to $640.6 million from the year-earlier quarter. IAC/InterActiveCorp reported adjusted net income of 51 cents per share. By that measure, the company beat the mean estimate of 31 cents per share. It beat the average revenue estimate of $593.5 million.

Time Warner Inc. (NYSE:TWX) reported its results for the first quarter. Net income for the media conglomerate fell to $583 million (59 cents per share) vs. $653 million (59 cents per share) a year earlier. This is a decline of 10.7% from the year-earlier quarter. Revenue rose 4.4% to $6.98 billion from the year-earlier quarter. Time Warner Inc. reported adjusted net income of 67 cents per share. By that measure, the company beat the mean estimate of 64 cents per share. It beat the average revenue estimate of $6.81 billion.

Dreamworks Animation SKG Inc. (NASDAQ:DWA) reported net income above Wall Street’s expectations for the first quarter. Net income for Dreamworks Animation SKG Inc. rose to $9.1 million (11 cents per share) vs. $8.8 million (10 cents per share) in the same quarter a year earlier. This marks a rise of 3.2% from the year-earlier quarter. Revenue rose 26% to $136.1 million from the year-earlier quarter. Dreamworks Animation SKG Inc. beat the mean analyst estimate of 9 cents per share. Analysts were expecting revenue of $134.3 million.