Cablevision Systems Corp. (CVC) Posts Q3 GAAP Loss of 1c/Share

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Go back to Cablevision Systems Corp. (CVC) Posts Q3 GAAP Loss of 1c/Share

Cost Pressures, Hurricane to Hit Cablevision (CVC) Earnings

November 7, 2012 11:59 AM EST

Nomura Securities maintained a Buy rating on Cablevision (NYSE: CVC) and cut its price target to $19.00 (from $21.00).

Commenting on Cablevision's disappointing Q3, analyst Mike McCormack pointed out that revenue and subscriber results met expectations, but cost pressures worsened.

"We believe... More