August 2017 Roundup
CBS: The Consensus Impact of “The Money Fight” on CBS Financials
The Mayweather-McGregor fight last weekend was expected to be one of the largest pay-per-view events ever, potentially surpassing the Mayweather-Pacquiao fight two years ago. That fight drew in over $600 million in gross revenue for all partners involved, including Showtime, a subsidiary of CBS Corporation. How much were analysts expecting the Mayweather-McGregor fight to benefit CBS specifically? Read more…
Regal Entertainment Group (RGC): Growing Despite Recent Sluggish Industry Trends
Regal Entertainment Group has been recently under pressure as the movie industry has faced choppy trends. While 1Q opened strongly for the industry, numerous analysts noted that 2Q trends were below expectations. This continues a broader trend of weakness in attendance across the movie industry over the last several years. Read more…
Analysts See GoDaddy as the One-Stop Shop for Small Businesses
GoDaddy is a leading provider of web technology to small businesses. Since going public in early 2015, the stock has increased by 58%, and is now one of the largest players in the fragmented web presence space. The company’s offerings start with its market-leading domains under management, where the company owns over 20% of total domains worldwide. Other non-domain products are significant drivers of their overall revenue growth, and analysts believe that the company will continue to upsell customers onto these products over time. Read more…
How Much Will Ford’s Core Business Moderate?
Ford is undergoing a change in priorities as they look to get ahead of several upcoming technological changes in the industry, including electrification and autonomous vehicles. In May, the board showed just how serious they were about the shift by appointing Jim Hackett, the chairman of Ford Smart Mobility, as CEO of Ford Motor Company. Read more…
