Q2 earnings outlooks: Good and bad for cable

The cable TV industry will begin its round of second quarter earnings reports later this week, and a couple of financial analysts already are predicting more pay TV subscriber losses for the sector, but potentially rising profits and revenues.

An SNL Kagan news post draws from research notes from well-known analysts Craig Moffett of Sanford C. Bernstein & Co., and John Hodulik from UBS, who both believe subscriber numbers will take a hit in Q2, though not necessarily because of cord-cutting driven by online competition.

The jury is still out on the validity of cord-cutting, though if cable TV companies can survive ongoing subscriber losses with ongoing improvement in their bottom line financials, it almost doesn't matter. Their revenue and profit health should go a long way toward proving that they are successfully changing their business models.

For more:
- see this SNL Kagan news post

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