Pre-Game Earnings Watch: 5 Big Media Stocks

The Walt Disney Company (NYSE:DIS) will unveil its latest earnings on Tuesday, May 8, 2012. The average estimate of analysts is for profit of 56 cents per share, a rise of 14.3% 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 62 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 57 cents during the last month. Analysts are projecting profit to rise by 16.1% compared to last year’s $2.95.

The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 80 cents per share versus a mean estimate of profit of 71 cents per share. Analysts are projecting a rise of 5.3% in revenue from the year-earlier quarter to $9.56 billion.

DIRECTV (NASDAQ:DTV) will unveil its latest earnings on Tuesday, May 8, 2012. The average analyst estimate is for net income of $1.07 per share, a rise of 30.5% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from $1.05. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.07 during the last month. Analysts are projecting profit to rise by 27% versus last year to $4.38.

Last quarter, the company came in at profit of $1.02 per share against a mean estimate of net income of 91 cents per share, beating estimates after missing them in the previous quarter. In the third quarter of the last fiscal year, it missed forecasts by 3 cents. Analysts are projecting a rise of 11.4% in revenue from the year-earlier quarter to $7.04 billion.

Charter Communications (NASDAQ:CHTR) will unveil its latest earnings on Tuesday, May 8, 2012. The average estimate of analysts is for a loss of 47 cents per share, a narrower loss from the year-earlier quarter net loss of 58 cents. During the past three months, the average estimate has moved down from a loss of 27 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 40 cents during the last month.

Last quarter, the company fell short of estimates by 22 cents, coming in at net loss of 51 cents a share versus the estimate of a loss of 29 cents a share. It was the fourth straight quarter of missing estimates. Analysts predict a rise of 4% in revenue from the year-earlier quarter to $1.84 billion.

Discovery Communications Inc (NASDAQ:DISCA) will unveil its latest earnings on Tuesday, May 8, 2012. The average analyst estimate is for profit of 60 cents per share, a rise of 22.4% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down. It has risen from 59 cents during the last month. Analysts are projecting profit to rise by 6.5% compared to last year’s $2.78.

Last quarter, the company beat estimates by 2 cents, coming in at net income of 71 cents a share versus the estimate of profit of 69 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $1.06 billion in revenue this quarter, a rise of 11.5% from the year-ago quarter. Analysts are forecasting total revenue of $4.54 billion for the year, a rise of 7.1% from last year’s revenue of $4.24 billion.

Liberty Media Corp (Interactive) (NASDAQ:LINTA) will unveil its latest earnings on Tuesday, May 8, 2012. The average estimate of analysts is for net income of 16 cents per share, a rise of more than twofold 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 19 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 16 cents during the last month. Analysts are projecting profit to rise by 4% versus last year to 97 cents.

Last quarter, the company reported profit of 48 cents per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters. Analysts are projecting a rise of 6.9% in revenue from the year-earlier quarter to $2.31 billion.