ITV (full-year results 1 March)
The broadcaster and producer, ITV, is expected to see revenue rise 4% to £3 billion, while adjusted earnings are expected to drop 1% to 16.3p per share. Having seen the share price move 30% higher from the Brexit lows, it looks like much of the good news is already in the price.
While the producing arm is continuing to grow in importance, the advertising revenue from the TV channels is still an important part of the business, and this is expected to come under pressure. In addition, the departure of the CEO and CFO pose risks for direction, which could be reflected in investor sentiment.
Since late December the share price has shown a distinct unwillingness to move below the 200p mark, but if it does we could see a rapid move to 193p, or even 180p. A breakout needs a daily close above 210p, which has held back progress since the end of 2016.