Cablevision Systems: Here’s What Investors Need to Know Before Earnings

Cablevision Systems (NYSE:CVC) will report earnings before markets open on Thursday, May 9th. Cablevision Systems Corporation provides telecommunications and entertainment services. The Company has operations in multimedia delivery, subscription cable television services, championship professional sports teams, and national television program networks.

Here is your Cheat Sheet to Cablevision Systems Earnings:

Earnings Expectations: Analysts expect earnings of $0.05 per share on revenues of $1.65 billion. Currently, the company’s P/E ratio stands at 17.34.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.2 to a profit $0.17. For the current year, the average estimate is a profit of $0.54, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Cablevision Systems has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 7,230 6,847 6,178 6,701 6,705
Diluted EPS ($) -0.79 0.96 1.20 1.02 0.87

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,691 1,659 1,697 1,685 1,664
Diluted EPS ($) 0.2179 0.21 0.24 -0.01 0.4428

Past Performance:
Cablevision Systems has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]