1400 GMT - ITV's fourth-quarter outlook for advertising revenue is weaker than expected and seems likely to trigger cuts to consensus estimates, UBS analysts say. The British broadcaster forecasts a 9% decline in fourth-quarter ad revenue, against consensus expectations of a flat performance, UBS says. Despite a better-than-expected performance in the third quarter and additional cost savings the company has identified, consensus estimates for ITV's earnings per share are likely to be downgraded by a low to mid-single percentage digit, according to UBS. Shares fall 1.75%.(adria.calatayud@wsj.com)
(END) Dow Jones Newswires
November 06, 2025 09:00 ET (14:00 GMT)
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