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Stock impact report

Viacom's profit, revenue beat estimates [Reuters]

Via Renewables, Inc. - Class A (VIA) 
US:NASDAQ Investor Relations: ir.viacom.com
Company Research Source: Reuters
FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York, U.S. on April 30, 2013. REUTERS/Lucas Jackson/File Photo Viacom Inc ( VIAB.O ), the owner of MTV, Comedy Central and Nickelodeon, reported quarterly profit and revenue that handily beat estimates, helped in part by the success of its latest movie "xXx: The Return of Xander Cage". Revenue from Viacom's film business jumped 37 percent to $895 million in the company's second quarter ended March 31. Analysts on average had expected the business to generate revenue of $676.5 million, according to financial data and analytics firm FactSet. Viacom said action thriller "xXx: Return of Xander Cage", starring Vin Diesel, grossed more than $346 million at the worldwide box office. The media company in February said it would focus on six of its brands as part of a turnaround plan orchestrate Show less Read more
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