Whole Foods, Viacom: S&P Gainers
Analysts expected a profit of 89 cents a share on revenue of $3.32 billion in the quarter.
Viacom shares trade at a forward P/E is 9.79X; the average for broadcasting and entertainment companies is 34.69X. For comparison, News Corp.(NWSA) has a higher forward P/E of 11.66X.
Twenty-four of the 35 analysts who cover Viacom rate it at buy; 11 analysts give the stock a hold rating.
The stock has risen 7.95% year to date.
--Written by Alexandra Zendrian in New York.
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