Grupo Televisa SAB ADR
TV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >.@ | LOCK|rc | LOCK|yD |
Televisa Earnings: Continued Cable and Sky Revenue Woes Overshadow Solid Profit Improvement
Televisa continues to struggle, with revenue down 6% year over year in the third quarter. The core cable business has improved, but the Sky satellite business remains challenged. Margins and cash flow expanded compared with a year ago thanks to strong expense management.
