CBS earnings to disappoint due to weak NFL ratings, Credit Suisse says

[livingston]

CBS earnings to disappoint due to weak NFL ratings, Credit Suisse says
Declining NFL television ratings will lower CBS earnings, according to Credit Suisse.

The firm cut its third-quarter EPS estimates by 5 percent, citing CBS' softer Sunday NFL ratings. The media company reports on Nov. 2.

"We expect third-quarter network advertising to decline 3 percent (previously +1 percent), driven by soft ratings for both the summer schedule and for the start of the NFL season," wrote Credit Suisse analyst Omar Sheikh. "With only one of the three content licensing deals we expected for the second half announced in third quarter, we also expect content licensing revenue growth to be skewed to the fourth quarter."


Sheikh maintained his outperform rating and price target on CBS shares, which remains at $75, or 32 percent upside from Friday's close. He cut his third-quarter EPS estimate to $1.08, below Street consensus estimate of $1.12 from FactSet.

The analyst said CBS' Sunday NFL ratings are down 17 percent year over year during the first several weeks of the football season, according to the report. Sheikh released a similar report last week on Twenty-First Century Fox's earnings, which he also expects to disappoint thanks to weaker ratings by the NFL.
CBS earnings to disappoint due to weak NFL ratings, Credit Suisse says

 

[Drinkthekoolaid]

Good.

 

[masterswimmer]

Good.

I couldn't have said it any better lol

Hopefully every network that broadcasts the NFL floats like the titanic.

 

[nfernaays]

I was an avid NFL viewer, used to consume my entire Sunday. I still keep track of my local team but i do not watch the games. I still love the sport but this political BS with the players has soured it for me.

 

[masterswimmer]

I was an avid NFL viewer, used to consume my entire Sunday. I still keep track of my local team but i do not watch the games. I still love the sport but this political BS with the players has soured it for me.

Same exact situation here.

I did watch week one this year. Wasn't sure if the political BS was gonna carry forward. It did. And I stopped. Haven't watched even one second of play since week one.

The NFL's issue is getting worse and they aren't even aware of it. Each week I don't watch has been making it easier the next week not to watch. At this time I'm finding it much easier to do other things with my life on Sundays. I can see it getting to the point that I won't give a flying phuck about football Sundays and may never tune in again.

Just wait for the NFL sponsor revenue stream to effect the Super Bowl. At this moment, if things don't change, it'll be the first SB I won't watch in 48 years (I started watching when I was 10 NY Jets in '69).

I think they're beginning to see where their bread is buttered.

 

[Saltwater60]

The weather has been to nice for me to even think about the NFL on sundays. I'd so much rather be outside with my wife and kids. I used to care, but the felons, wife beating, and now this over the last 3 years I lost interest. I have only watched one game the super bowl between this and last season. This year if this crap keeps going on I might see if my wife wants to go out to a nice dinner.

 

[holdover]

No Pepsi no Bud No Gatorade, no Nike . No football.

 

[Marine Cpl]

Same exact situation here.

I did watch week one this year. Wasn't sure if the political BS was gonna carry forward. It did. And I stopped. Haven't watched even one second of play since week one.

The NFL's issue is getting worse and they aren't even aware of it. Each week I don't watch has been making it easier the next week not to watch. At this time I'm finding it much easier to do other things with my life on Sundays. I can see it getting to the point that I won't give a flying phuck about football Sundays and may never tune in again.

Just wait for the NFL sponsor revenue stream to effect the Super Bowl. At this moment, if things don't change, it'll be the first SB I won't watch in 48 years (I started watching when I was 10 NY Jets in '69).

I think they're beginning to see where their bread is buttered.

College football: TV schedule and game times

 

[rpf427]

Fuck them.

Bunch of overpaid, whining scumbags. That's when they are not thugging.

 

[Rap]

LOL

NFL is getting ignored by supporters of Kaepernick and critics.

 

[Devildog9999]

When this all started happening, I actually stopped and gasped. The NFL is now banned from our home. HOW in the hell could any real American disrespect the National Anthem. If you have a cause - ok, cool - This is not the time, place or way to pursue it. I really do miss all of the drunken hours every Sunday spent with family and friends...... (oh - wait - we still have all the drunken times with family and friends, just watching NASCAR, or having a fire and some really good food).

 

[holdover]

I have no problem with them being anti American and speaking their mind . I have a problem with the owners and the NFL for supporting these American hating SOB's. They should be fired for disrespecting the flag, the country, The vets, and their team and the fans . Hell they're penalized for dancing in the end zone for gods sake, for taunting , but not even a fine ? Ok If that's the way you feel , don't expect me to pay good money to be insulted every week .FUNFL


And of course the media would have you belive everything is pretty normal . I was even discouraged a bit when I read that they are doing OK since the ban , but through the magic of the internet, we have people who took pics at the stadiums and pictures tell a thousand words so heres what the ESPN isn't showing you:

10:14 AM - 15 Oct 2017












eagles VS bears veterans stadium


rams Colts

1:26 PM - 15 Oct 2017

 

[holdover]

Must be a flu going around

 

[holdover]

Airplane banner over Jag game

 

[Dr. Evil]

I hope they crash and burn.

 

[Robin]

I didn't know that the stadiums were running on empty!!!!! Never saw or heard anything about it a anywhere!!!! Thats incredible!!!!!!
Players should be made to pay for the empty seats so they can fill them with their hoody friends, all food and beverages too. Of course, security gets the day off, gotta save where they can. Give them a feel for what it has been my whole working life! I owe you fucking assholes NOTHING!
Robin

 

[holdover]

Yeah you think that would be a news story .If that's not telling you the media is in the pockets of the corporations I don't know what will. Its not even fair to call them media anymore .

 

[HIghlander]

They should renegotiate player contracts to something more real.

 

[Robin]

If thats based on attendance then they should get about a 85% decrease in pay. Thats fair, Scotty!!!!!!!!, make it so!
Robin

 

[holdover]

Wouldn't it be a great time to start a new league ? The sponsors arnt going to continue to throw good money at them if they cant get a crowd , Its just business, sooner or later, they are going to bail .

I read a rumor that the NFL is going to pull the National anthem next year, as if that would help .If anything it would be even worse.

 

[kgun12]

The best part of this whole thing, we were supposed to have Thanksgiving at our house. Once we told the liberal in=laws that we would not have football on at all, they decided dinner would be somewhere else!!!

 

[Bigfoot]

Thanks for the pictures holdover,,, as they say, a picture is worth a thousand words...
I didn't realize that so many fans have stopped going to the football games.
Have not been paying any attention to the NFL this season.


This will be the first season in over 20 years that I don't attend at least one Buffalo Bills game.
Walking through the store this morning I walked past some Buffalo Bills shirts.
I just thought fuck the NFL and kept on walking.

For the first time in a looong time I don't know what's going on as far as the NFL standings go... I don't care.
For the first time in a looong time I don't have the Buffalo Bills game schedule memorized... I don't care.

FUCK THE NFL !!!

 

[Rap]

FUCK THE NFL !!!

Indeed.
#Kaep

 

[BerettaGuy]

Somebody help me here.

These alleged protests are former gang urban youts that are now NFL Players who are protesting the fact that Urban Thugs Lives Matter. It is just not fair that the police are shooting thugs as they rob and pillage.

If I was black I would be telling my kids, Look son, We are not like them. They will say that we aren't' black enough but that is the distraction for the real issue, They the communists - BLM and Hands up don't shoot Crowd are the ones behind it all scaring the white owners to submission. We are Americans, they are Crips and Bloods and the Doat Street Boyz etc. They are being used to destroy American Values and traditions. Effem all.

 

[holdover]

Its kinda funny that they are protesting the same police that are working security for their games. (shakes head)

 

[Bigfoot]

Its kinda funny that they are protesting the same police that are working security for their games. (shakes head)

Yeah that and also the fact that their whole grievance (message) doesn't make any sense.
Nobody, and I mean nobody in our country is being oppressed.

Oh wait, maybe I was wrong with my last sentence above.
If there is oppression happening to anybody it is the legal gun owner in the ban states... How about that one.
Our constitutional rights ( really ) are being violated... WE ARE OPPRESSED !!!
Actually that message makes more sense than theirs if you think about it.

What about the NYS pistol permit process, Us legal gun owners don't need to make up fairy tales to bitch about.
Our grievances are real, theirs are not... I never thought of it that way until my fingers were typing away... LOL

FUAC !!!