Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $46.25 USD
Change Today +0.08 / 0.17%
Volume 349.2K
MDP On Other Exchanges
Symbol
Exchange
New York
Berlin
OTC US
As of 6:40 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

meredith corp (MDP) Key Developments

Meredith Corporation Declares Quarterly Dividend, Payable on September 15, 2015

Meredith Corporation board of directors declared a regular quarterly dividend of $0.4575 per share, or $1.83 on an annual basis. The dividend will be payable on September 15, 2015, to shareholders of record on August 31, 2015.

Meredith Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2015; Provides Earnings Guidance for the Full Year 2016

Meredith Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2015. For the quarter, the company reported total revenues of $425.91 million compared to $390.79 million a year ago. Income from operations was $73.29 million compared to $60.58 million a year ago. Income before income taxes was $68.15 million compared to $57.08 million a year ago. Net earnings were $42.58 million or $0.94 per diluted share compared to net earnings of $40.45 million or $0.89 per diluted share a year ago. EBITDA was $89.41 million compared to $74.09 million a year ago. For the full year, the company reported total revenues of $1,594.18 million compared to $1,468.71 million a year ago. Income from operations was $242.11 million compared to $186.52 million a year ago. Income before income taxes was $222.76 million compared to $174.34 million a year ago. Net earnings were $136.79 million or $3.02 per diluted share compared to net earnings of $113.54 million or $2.50 per diluted share a year ago. Net cash provided by operating activities was $192.35 million compared to $178.09 million a year ago. Additions to property, plant, and equipment was $33.25 million compared to $24.82 million a year ago. Adjusted EBITDA was $319.39 million compared to $263.87 million a year ago. The company provided earnings guidance for the full year 2016. The company expects full year fiscal 2016 earnings per share to range from $2.90 to $3.25. The company will be cycling against a record $44 million or $0.59 per share in net political advertising revenues recorded by its Local Media Group in fiscal 2015. Total company revenues are expected to be up low-single digits. The company expects fiscal 2016 first quarter earnings per share to range from $0.47 to $0.52, compared to $0.65 in the prior year period. The company will be cycling against $13 million or $0.18 per share in net political advertising revenues recorded in the prior-year period.

Meredith Corporation Seeks Acquisitions

Meredith Corporation (NYSE:MDP) is seeking acquisitions. Meredith Corporation is seeking accretive acquisitions to grow its already strong cash flow, over time.

Meredith Corporation to Report Q4, 2015 Results on Jul 30, 2015

Meredith Corporation announced that they will report Q4, 2015 results at 12:00 PM, GMT Standard Time on Jul 30, 2015

Meredith Corporation, Q4 2015 Earnings Call, Jul 30, 2015

Meredith Corporation, Q4 2015 Earnings Call, Jul 30, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MDP:US $46.25 USD +0.08

MDP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Deluxe Corp $57.65 USD +0.67
MDC Partners Inc C$25.01 CAD -0.33
Scholastic Corp $42.31 USD +0.10
Sykes Enterprises Inc $25.30 USD +0.01
TeleTech Holdings Inc $27.30 USD +0.07
View Industry Companies
 

Industry Analysis

MDP

Industry Average

Valuation MDP Industry Range
Price/Earnings 15.3x
Price/Sales 1.3x
Price/Book 2.2x
Price/Cash Flow 9.0x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MEREDITH CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.