Viacom Inc. (NASDAQ:VIAB) posted its quarterly earnings data on Thursday. The company reported $0.77 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.09), RTT News reports. Viacom had a net margin of 11.04% and a return on equity of 30.89%. The company had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.23 billion. During the same period in the previous year, the firm earned $1.54 earnings per share. The firm’s quarterly revenue was up 2.9% on a year-over-year basis.
Shares of Viacom (NASDAQ VIAB) opened at $26.15 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.11 and a current ratio of 1.35. The firm has a market capitalization of $9,820.00, a price-to-earnings ratio of 6.65, a P/E/G ratio of 0.84 and a beta of 1.53. Viacom has a 12 month low of $22.13 and a 12 month high of $46.72.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend is Thursday, December 14th. Viacom’s dividend payout ratio is 22.10%.
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Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.
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