ITV share price: what to expect from its Q2 results

The broadcaster's Q2 revenue could be impacted by its spending on Britbox and paying strong dividends to investors.

When is ITV’s Q2 results date?

ITV’s Q2 results will be released July 24.

ITV results preview: what does the City expect?

After ITV had a disappointing Q1 results report, the corporation warned that Q2 earnings could be diminished with the lack of a major sport event like the World Cup to drive advertising revenue. ITV’s share price has plummeted about 40% over the last year. The company's share price is at its lowest point in almost seven years.

Despite lowered expectations for ITV‘s Q2 earnings, financial analyst, Edward Sheldon, rates ITV stock as a ’hold’ because of the company's focus on delivering more content to customers. The Simply Wall Street website says that since ITV is undervalued because of its diminished share price, it’s a ‘buy’ for investors. Even though ITV share price is struggling, ITV still pays a hefty dividend of 7.6% to investors. Financial expert, Roland Head, says ITV stock is a ‘buy’ because of the high dividend payout.

Britbox expenditures could impact ITV’s Q2 revenue

ITV is spending £25 million before its impending launch of Britbox. Britbox is a streaming service that will have content from ITV and the BBC. The outlet is meant to compete with streaming behemoth Netflix. Kevin Lygo, director of television at ITV, spoke about the expenses of launching Britbox eventually adding to ITV’s value.

‘It will add to what we do, it's extra expenditure, we have no intention of lowering our programme spend,’ said Lygo.

Robert Stephens of Investomania also believes ITV’s Q2 revenue may increase because of investment in digital entertainment. The service is expected to launch later this year but could still have an impact on ITV’s Q2 revenue as investors will see if the extra spending on Britbox was warranted.

Practise trading ITV and other UK stocks with an IG demo account.

Investors will see if ITV’s investment in streaming entertainment and impressive dividends will help ITV’s Q2 earnings.

IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

Please see important Research Disclaimer.

Seize a share opportunity today

Go long or short on thousands of international stocks.

  • Increase your market exposure with leverage
  • Get spreads from just 0.1% on major global shares
  • Trade CFDs straight into order books with direct market access

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
liveprices.javascriptrequired
liveprices.javascriptrequired

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

liveprices.javascriptrequired

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.

The Momentum Report

Get the week’s momentum report sent directly to your inbox every Monday for FREE. The Week Ahead gives you a full calendar of upcoming key events to monitor in the coming week, as well as commentary and insight from our expert analysts on the major indices to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.