Latest news with #WorldExpo'67
Yahoo
23-06-2025
- Business
- Yahoo
Q1 Earnings Outperformers: Sinclair (NASDAQ:SBGI) And The Rest Of The Traditional Media & Publishing Stocks
Let's dig into the relative performance of Sinclair (NASDAQ:SBGI) and its peers as we unravel the now-completed Q1 traditional media & publishing earnings season. The sector faces structural headwinds from declining linear TV viewership, shifts in advertising spend toward digital platforms, and ongoing challenges in monetizing print and broadcast content. However, for companies that invest wisely, tailwinds can include AI, the power of which can result in more personalized content creation and more detailed audience analysis. These can create a flywheel of success where one feeds into the other. Still there are outstanding questions around AI-generated content oversight, and the regulatory framework around this could evolve in unseen ways over the next few years. The 4 traditional media & publishing stocks we track reported a very strong Q1. As a group, revenues beat analysts' consensus estimates by 1.3% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 5% on average since the latest earnings results. With over 2,400 hours of local news produced weekly and 640 broadcast channels reaching millions of American homes, Sinclair (NASDAQ:SBGI) operates a network of 185 local television stations across 86 U.S. markets, producing news programming and distributing content from major networks. Sinclair reported revenues of $776 million, down 2.8% year on year. This print was in line with analysts' expectations, but overall, it was a mixed quarter for the company with full-year revenue guidance exceeding analysts' expectations but a significant miss of analysts' EPS estimates. "Sinclair delivered solid financial results in a challenging first quarter environment. Adjusted EBITDA exceeded the high-end of our guidance range and core advertising trends continue to be among the strongest in the industry, despite the macro-economic uncertainties and lack of visibility. We are seeing some signs of improvement in the pay TV ecosystem as consumers respond to innovative packaging," said Chris Ripley, Sinclair's President and Chief Executive Officer. The stock is down 13.7% since reporting and currently trades at $13.55. Read our full report on Sinclair here, it's free. Originally developed for World Expo '67 in Montreal as an innovative projection system, IMAX (NYSE:IMAX) provides proprietary large-format cinema technology and systems that deliver immersive movie experiences with enhanced image quality and sound. IMAX reported revenues of $86.67 million, up 9.5% year on year, outperforming analysts' expectations by 2.9%. The business had a stunning quarter with an impressive beat of analysts' EPS estimates. IMAX achieved the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 18.3% since reporting. It currently trades at $28.44. Is now the time to buy IMAX? Access our full analysis of the earnings results here, it's free. Following its 2023 acquisition of DISH Network, EchoStar (NASDAQ:SATS) provides satellite communications, pay-TV services, wireless networks, and broadband solutions across consumer and enterprise markets. EchoStar reported revenues of $3.87 billion, down 3.6% year on year, in line with analysts' expectations. Still, its results were good as it locked in an impressive beat of analysts' EPS estimates. EchoStar delivered the weakest performance against analyst estimates in the group. Interestingly, the stock is up 9% since the results and currently trades at $26. Read our full analysis of EchoStar's results here. With roots dating back to 1807 when Charles Wiley opened a small printing shop in Manhattan, John Wiley & Sons (NYSE:WLY) is a global academic publisher that provides scientific journals, books, digital courseware, and knowledge solutions for researchers, students, and professionals. Wiley reported revenues of $442.6 million, down 5.5% year on year. This result surpassed analysts' expectations by 1.7%. Overall, it was an exceptional quarter as it also produced a solid beat of analysts' EPS estimates. Wiley had the slowest revenue growth among its peers. The stock is up 6.5% since reporting and currently trades at $43.38. Read our full, actionable report on Wiley here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
24-04-2025
- Business
- Yahoo
IMAX's (NYSE:IMAX) Q1: Beats On Revenue
Premium cinema technology company IMAX (NYSE:IMAX) reported Q1 CY2025 results topping the market's revenue expectations , with sales up 9.5% year on year to $86.67 million. Its GAAP profit of $0.04 per share was $0.01 below analysts' consensus estimates. Is now the time to buy IMAX? Find out in our full research report. Revenue: $86.67 million vs analyst estimates of $84.23 million (9.5% year-on-year growth, 2.9% beat) EPS (GAAP): $0.04 vs analyst estimates of $0.05 ($0.01 miss) Adjusted EBITDA: $36.98 million vs analyst estimates of $27.9 million (42.7% margin, 32.5% beat) Operating Margin: 19.3%, up from 15.3% in the same quarter last year Free Cash Flow was $5.31 million, up from -$18.11 million in the same quarter last year Market Capitalization: $1.25 billion 'IMAX is off to an excellent start in 2025 — the fundamentals of our business have never been stronger, with record global box office and strong system sales and installations growth in the First Quarter,' said Rich Gelfond, CEO of IMAX. Originally developed for World Expo '67 in Montreal as an innovative projection system, IMAX (NYSE:IMAX) provides proprietary large-format cinema technology and systems that deliver immersive movie experiences with enhanced image quality and sound. The sector faces structural headwinds from declining linear TV viewership, shifts in advertising spend toward digital platforms, and ongoing challenges in monetizing print and broadcast content. However, for companies that invest wisely, tailwinds can include AI, the power of which can result in more personalized content creation and more detailed audience analysis. These can create a flywheel of success where one feeds into the other. Still there are outstanding questions around AI-generated content oversight, and the regulatory framework around this could evolve in unseen ways over the next few years. A company's long-term performance is an indicator of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. With $359.8 million in revenue over the past 12 months, IMAX is a small player in the business services space, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and numerous distribution channels. As you can see below, IMAX struggled to increase demand as its $359.8 million of sales for the trailing 12 months was close to its revenue five years ago. This shows demand was soft, a poor baseline for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. IMAX's annualized revenue growth of 4.8% over the last two years is above its five-year trend, but we were still disappointed by the results. This quarter, IMAX reported year-on-year revenue growth of 9.5%, and its $86.67 million of revenue exceeded Wall Street's estimates by 2.9%. Looking ahead, sell-side analysts expect revenue to grow 13.8% over the next 12 months, an improvement versus the last two years. This projection is commendable and implies its newer products and services will fuel better top-line performance. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses – everything from the cost of goods sold to advertising and wages. It's also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. IMAX was profitable over the last five years but held back by its large cost base. Its average operating margin of 2.3% was weak for a business services business. On the plus side, IMAX's operating margin rose by 80.4 percentage points over the last five years. In Q1, IMAX generated an operating profit margin of 19.3%, up 4.1 percentage points year on year. This increase was a welcome development and shows it was more efficient. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. IMAX's full-year EPS flipped from negative to positive over the last five years. This is encouraging and shows it's at a critical moment in its life. In Q1, IMAX reported EPS at $0.04, down from $0.06 in the same quarter last year. This print missed analysts' estimates, but we care more about long-term EPS growth than short-term movements. Over the next 12 months, Wall Street expects IMAX's full-year EPS of $0.46 to grow 90.2%. We enjoyed seeing IMAX beat analysts' revenue and EBITDA expectations this quarter. Overall, this was a decent quarter. The stock traded up 4% to $25.02 immediately after reporting. Big picture, is IMAX a buy here and now? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
Yahoo
23-04-2025
- Business
- Yahoo
IMAX's (NYSE:IMAX) Q1: Beats On Revenue
Premium cinema technology company IMAX (NYSE:IMAX) reported Q1 CY2025 results topping the market's revenue expectations , with sales up 9.5% year on year to $86.67 million. Its GAAP profit of $0.04 per share was $0.01 below analysts' consensus estimates. Is now the time to buy IMAX? Find out in our full research report. Revenue: $86.67 million vs analyst estimates of $84.23 million (9.5% year-on-year growth, 2.9% beat) EPS (GAAP): $0.04 vs analyst estimates of $0.05 ($0.01 miss) Adjusted EBITDA: $36.98 million vs analyst estimates of $27.9 million (42.7% margin, 32.5% beat) Operating Margin: 19.3%, up from 15.3% in the same quarter last year Free Cash Flow was $5.31 million, up from -$18.11 million in the same quarter last year Market Capitalization: $1.25 billion 'IMAX is off to an excellent start in 2025 — the fundamentals of our business have never been stronger, with record global box office and strong system sales and installations growth in the First Quarter,' said Rich Gelfond, CEO of IMAX. Originally developed for World Expo '67 in Montreal as an innovative projection system, IMAX (NYSE:IMAX) provides proprietary large-format cinema technology and systems that deliver immersive movie experiences with enhanced image quality and sound. The sector faces structural headwinds from declining linear TV viewership, shifts in advertising spend toward digital platforms, and ongoing challenges in monetizing print and broadcast content. However, for companies that invest wisely, tailwinds can include AI, the power of which can result in more personalized content creation and more detailed audience analysis. These can create a flywheel of success where one feeds into the other. Still there are outstanding questions around AI-generated content oversight, and the regulatory framework around this could evolve in unseen ways over the next few years. A company's long-term performance is an indicator of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. With $359.8 million in revenue over the past 12 months, IMAX is a small player in the business services space, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and numerous distribution channels. As you can see below, IMAX struggled to increase demand as its $359.8 million of sales for the trailing 12 months was close to its revenue five years ago. This shows demand was soft, a poor baseline for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. IMAX's annualized revenue growth of 4.8% over the last two years is above its five-year trend, but we were still disappointed by the results. This quarter, IMAX reported year-on-year revenue growth of 9.5%, and its $86.67 million of revenue exceeded Wall Street's estimates by 2.9%. Looking ahead, sell-side analysts expect revenue to grow 13.8% over the next 12 months, an improvement versus the last two years. This projection is commendable and implies its newer products and services will fuel better top-line performance. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses – everything from the cost of goods sold to advertising and wages. It's also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. IMAX was profitable over the last five years but held back by its large cost base. Its average operating margin of 2.3% was weak for a business services business. On the plus side, IMAX's operating margin rose by 80.4 percentage points over the last five years. In Q1, IMAX generated an operating profit margin of 19.3%, up 4.1 percentage points year on year. This increase was a welcome development and shows it was more efficient. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. IMAX's full-year EPS flipped from negative to positive over the last five years. This is encouraging and shows it's at a critical moment in its life. In Q1, IMAX reported EPS at $0.04, down from $0.06 in the same quarter last year. This print missed analysts' estimates, but we care more about long-term EPS growth than short-term movements. Over the next 12 months, Wall Street expects IMAX's full-year EPS of $0.46 to grow 90.2%. We enjoyed seeing IMAX beat analysts' revenue and EBITDA expectations this quarter. Overall, this was a decent quarter. The stock traded up 4% to $25.02 immediately after reporting. Big picture, is IMAX a buy here and now? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free.
