Despite being stalled for most of the last year, Disney (DIS) has generally trended up over the past three years, rising from the upper teens to the mid-$20s. Guess what? DIS is set to complete its fourth straight year of double-digit EBITDA growth. By contrast, Time Warner (TWX) is struggling to stay in the upper […]
Breakup Time Warner! Univision for sale! Knight Ridder up for auction! Viacom splits in two! Clear Channel spins off its billboards and concert business! Cablevision is paying a special dividend – maybe not! Disney sells radio! Disney buys Pixar! Liberty Media splits off QVC! DirecTV is buying back $3 billion of its shares, Comcast is […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2006-02-08 16:22:232006-02-08 16:22:23Positive Sentiment Change For Media Stocks?
I was talking with a good friend last week who runs a media-centric hedge fund. I was doing my usual rant regarding the mounds of analysis about Time Warner (TWX) coming from analysts, website commentators, and CNBC and noting that it had to be the most overanalyzed stock on the planet. My buddy noted it […]
DirecTV (DTV) shares are up about 3% in response to a solid quarterly earnings report. My key takeaway is that the street is beginning to respond favorably to the company’s transition to a controlled growth strategy where EBITDA and free cash flow growth is paramount and subscriber growth is secondary. The street is also pleased […]
AAPL shares are set to bounce at the open following some supportive analyst commentary and the introduction of a 1G iPod nano. The new nano will be priced at $149 while the shuffle line will continue with prices dropping to $69 for the 512K model and $99 for the 1G model. AAPL now has iPods […]
Motorola (MOT) shares are set to bounce at the open on an analyst upgrade. The gains look small so far, especially against the 16% decline in the stock since 4Q05 EPS were reported on January 19th. Earnings were greeted by a sharp sell-off as numbers merely matched consensus despite higher whispers and despite management noting […]
Disney (DIS) reported better than expected earnings with EPS coing in at 35 cents against analyst estimates taht averaged 30 cents. Estimates will go up across the board with FY06 ending September heading toward $1.45-$1.50 from $1.41 presently. Furthermore, management spoke confidently about 2Q06 (the current quarter) and reiterated expectations for a strong back half […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2006-02-07 09:58:192006-02-07 09:58:19Disney Comes Through
For February, Northlake’s Market Cap model continued to flash a Mid Cap signal as has been the case for every month beginning in September 2005. As a reminder, this model measures ten factors which I group as economic, interest rate, and stock market indicators. Each indicator has historically had predictive value for the relative performance […]
Disney (DIS) reports after the close on Monday. Due to timing issues and a tough comparison in home video, the quarter is expected to show a year-over-year decline in EPS and EBITDA. However, DIS is still poised for strong growth in its FY06 ending this coming September. I believe the back-end loaded year is well […]
E.W. Scripps (SSP) shares are responding very favorably to the company’s 4Q05 earnings report. I think three factors are at work. First, EPS came in above expectations at 54 cents vs. consensus of 49 cents. Second, the company announced that it is considering strategic alternatives for its home shopping business, Shop At Home. Third, Shopzilla […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2006-02-02 12:10:522006-02-02 12:10:52E.W. Scripps: Best Growth In Traditional Media
I’ll Take Mickey Mouse Over Bugs Bunny
Despite being stalled for most of the last year, Disney (DIS) has generally trended up over the past three years, rising from the upper teens to the mid-$20s. Guess what? DIS is set to complete its fourth straight year of double-digit EBITDA growth. By contrast, Time Warner (TWX) is struggling to stay in the upper […]
Positive Sentiment Change For Media Stocks?
Breakup Time Warner! Univision for sale! Knight Ridder up for auction! Viacom splits in two! Clear Channel spins off its billboards and concert business! Cablevision is paying a special dividend – maybe not! Disney sells radio! Disney buys Pixar! Liberty Media splits off QVC! DirecTV is buying back $3 billion of its shares, Comcast is […]
Time Warner: The Icahn Report
I was talking with a good friend last week who runs a media-centric hedge fund. I was doing my usual rant regarding the mounds of analysis about Time Warner (TWX) coming from analysts, website commentators, and CNBC and noting that it had to be the most overanalyzed stock on the planet. My buddy noted it […]
DirecTV: Controlled Growth Strategy Might Work
DirecTV (DTV) shares are up about 3% in response to a solid quarterly earnings report. My key takeaway is that the street is beginning to respond favorably to the company’s transition to a controlled growth strategy where EBITDA and free cash flow growth is paramount and subscriber growth is secondary. The street is also pleased […]
Apple Anounces New iPod nano
AAPL shares are set to bounce at the open following some supportive analyst commentary and the introduction of a 1G iPod nano. The new nano will be priced at $149 while the shuffle line will continue with prices dropping to $69 for the 512K model and $99 for the 1G model. AAPL now has iPods […]
Motorola Under Pressure
Motorola (MOT) shares are set to bounce at the open on an analyst upgrade. The gains look small so far, especially against the 16% decline in the stock since 4Q05 EPS were reported on January 19th. Earnings were greeted by a sharp sell-off as numbers merely matched consensus despite higher whispers and despite management noting […]
Disney Comes Through
Disney (DIS) reported better than expected earnings with EPS coing in at 35 cents against analyst estimates taht averaged 30 cents. Estimates will go up across the board with FY06 ending September heading toward $1.45-$1.50 from $1.41 presently. Furthermore, management spoke confidently about 2Q06 (the current quarter) and reiterated expectations for a strong back half […]
February Model Signals
For February, Northlake’s Market Cap model continued to flash a Mid Cap signal as has been the case for every month beginning in September 2005. As a reminder, this model measures ten factors which I group as economic, interest rate, and stock market indicators. Each indicator has historically had predictive value for the relative performance […]
Disney Earnings Preview: Last Slow Quarter Before Growth Accelerates
Disney (DIS) reports after the close on Monday. Due to timing issues and a tough comparison in home video, the quarter is expected to show a year-over-year decline in EPS and EBITDA. However, DIS is still poised for strong growth in its FY06 ending this coming September. I believe the back-end loaded year is well […]
E.W. Scripps: Best Growth In Traditional Media
E.W. Scripps (SSP) shares are responding very favorably to the company’s 4Q05 earnings report. I think three factors are at work. First, EPS came in above expectations at 54 cents vs. consensus of 49 cents. Second, the company announced that it is considering strategic alternatives for its home shopping business, Shop At Home. Third, Shopzilla […]