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)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.