Skip to Content
US Videos

The Week Ahead: Media Firms Undervalued Ahead of Earnings

Discovery, Disney, News Corp, and 21st Century Fox are trading below their fair value estimates over fears about cord-cutting. Plus, retail sales and job openings data is on tap.

Mentioned: , , , , , ,

Jeremy Glaser: Welcome to The Week Ahead. The pace of earnings will slow down this week after last week's deluge. Media firms Discovery, Disney, News Corp, and 21st Century Fox will report on Tuesday and Wednesday. We see all four firms as trading below their fair value estimates today, as we think the market is too pessimistic about the impact of cord-cutters.

Snap will release its first results as a publicly traded company on Wednesday. On Thursday, Macy's and Nordstrom report. Traditional brick-and-mortar retailers have been under tremendous pressure from e-commerce and other forces recently. The market will be looking for signs that the firms' strategies for navigating this environment are having an impact.

Jeremy Glaser has a position in the following securities mentioned above: DIS. Find out about Morningstar’s editorial policies.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.