NEW YORK (
The company is scheduled to report its first quarter fiscal 2016 earnings on Wednesday before the market opens.
For the latest quarter, analysts are expecting the New York-based media and entertainment company to report earnings of 38 cents a share on revenue of $6.42 billion.
STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks with serious upside potential.
In the same period the previous year, the company earned 39 cents a share on revenue of $6.44 billion.
While rising affiliate fees may help the company's latest quarterly results, a rise in expenses due to investments in original programming and increases in sports contracts may negatively affect the company's advertising revenue, according to Zacks Equity...