ViacomCBS (NASDAQ:VIAC) reported quarterly earnings of $0.76 per share which met the analyst consensus estimate. This is a 16.48 percent decrease over earnings of $0.91 per share from the same period last year. TheViacomCBS (NASDAQ:VIAC) reported quarterly earnings of $0.76 per share which met the analyst consensus estimate. This is a 16.48 percent decrease over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $6.61 billion which beat the analyst consensus estimate of $6.57 billion by 0.61 percent. This is a 8.08 percent increase over sales of $6.12 billion the same period last year.
Alibaba, Other Hong Kong Stocks Show Optimism In Early Trade Even As Analysts Downgrade China Growth Projections
Hong Kong’s Hang Seng index opened in the green on Friday, gaining 0.12% in opening trade, following a muted session on Wall Street. Investors also digested macro news from Japan where the headline inflation rose to 2.6% in July as compared to 2.4% in June.