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TiVo (TIVO) to Report Q4 Earnings: Will it Surprise Estimates?

TiVo Inc. TIVO is set to report fourth-quarter fiscal 2016 results on Mar 1. Last quarter, the company posted a positive earnings surprise of 25.00%. Notably, TiVo has outperformed the Zacks Consensus Estimate thrice in the last four quarters with an average positive surprise of 28.57%.

Let us see how things are shaping up for this announcement.

Factors to Consider

We remain optimistic about TiVo’s prospects on the back of its sustained focus on product innovations and subscriber acquisition. Further, higher number of distribution deals with cable companies will support the company’s expansion plans and strengthen the customer base, thereby aiding fiscal fourth-quarter revenues.

TiVo has significant growth opportunities in Western Europe and Latin America, in our view, given the partnerships with local providers. The company’s strong balance sheet will also enable it to pursue strategic acquisitions and aggressive share buyback programs, thereby boosting results in the to-be-reported quarter.