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

By CNBC, Oct. 16, 2017

Declining NFL television set ratings volition lower CBS earnings, according to Credit Suisse.

The describe of piece of job solid cutting its third-quarter EPS estimates yesteryear v percent, citing CBS' softer sun NFL ratings. The media fellowship reports on Nov. 2.

"We facial expression third-quarter network advertising to turn down 3 per centum (previously +1 percent), driven yesteryear soft ratings for both the summertime schedule in addition to for the commencement of the NFL season," wrote Credit Suisse analyst Omar Sheikh. "With alone ane of the 3 content licensing deals nosotros expected for the 2nd one-half announced inwards 3rd quarter, nosotros likewise facial expression content licensing revenue increase to last skewed to the 4th quarter."

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