ION Headlines
Ion Media Networks Inc (AMEX:ION)
| « ION Message list | Reply to msg. | Post new msg. | « Older | Newer » |
06 Sep 2005, 04:15 AM CDT Rating: 
|
Msg. 307 of 315
|
|
S&P REITERATES SELL RECOMMENDATION ON SHARES OF PAXSON COMMUNICATIONS Q2 loss of $1.36 before $0.76 in various net non-operating gains, vs. $0.72 loss, is $0.04 narrower than our estimate. Revenues dropped 9.4%, far more than the 2% decline we had expected, primarily due to lower ratings leading to lower ad rates. We expect a revenue decline of 10% in Q3 combined with higher program amortization to lead to a loss for the quarter of $1.26, $0.14 narrowed from our prior estimate. For '05 we see a loss of $5.42, down from $5.74 we had forecast. In '06 we expect a loss of $5.16 on a 0.9% revenue decline and 3.1% decrease in operating margins. /G. McDaniel |
| « ION Message list | Reply to msg. | Post new msg. | « Older | Newer » |
Twitter
del.icio.us
digg
Reddit
You can also:
