Cablevision Earnings Preview: Analysts Expect Rising Revenue, Falling EPS

Cablevision Systems CVC unveils its next round of earnings this Tuesday, August 9, 2011. Here's Benzinga's advanced look at Cablevision Systems' second quarter earnings report.

Earnings and Revenue:

Analysts are predicting an EPS reading of 45 cents/share and revenues of $1.87 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of 48 cents/share on revenues of $1.8 billion. We'll have to wait for Tuesday to see if Cablevision Systems reports a decline in EPS and a small boost in revenue from the year-ago quarter, as analysts are predicting.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

At last check, shares of Cablevision Systems were trading at $23.10. Shares are down 1.7% year to date.

Average Stock Rating:

The average rating by analysts for Cablevision Systems is a Hold.

Competitors:

Wondering how Cablevision Systems compares to rivals in the same sector? Here are a few of the company's peers.

• Charter Communications CHTR: Hold with a -$0.67 recent quarter EPS
• Comcast CMCSA: Moderate Buy with a $0.36 recent quarter EPS
• Walt Disney Company DIS: Hold with a $0.49 recent quarter EPS

The cable TV company's industry has seen price/earnings growth of 0.4% during the current fiscal year.

Finally, a description of the company's main areas of operation: Cablevision Systems is a telecommunications, media and entertainment company with a portfolio of operations in the United States.

Take Action:

That's your advanced look at Cablevision Systems' upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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