Latest in CBS Earnings
New CBS Exec Team Preaches Stability On Q3 Earnings Call, Praises Employees For “Keeping Their Focus”
The CBS corporate anthem featured many familiar notes, but the executive chorus performing it was dramatically different on the company’s first conference call with Wall Street analysts since the exit of Les Moonves.
Acting CEO Joe Ianniello was joined by two newly minted colleagues from the C-suite: Chief Creative…
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CBS Reports Mixed Q3 Results As CEO Les Moonves Urges Wall Street Not To Lump It With Media Rivals
UPDATED at 3:20PM PT with executive comment. CBS reported a mixed third quarter, with revenue inching up 3% on affiliate and subscription fee growth but key profit measures declining due to inopportune timing of domestic licensing deals and fewer political ads.
Wall Street has hammered CBS stock during the past few…
CBS Soars Past Q2 Earnings Forecasts But With Light Revenues
Shares recovered from a slight dip in early after-market trading as investors sorted through CBS’ Q2 results. Net earnings came in at $427M, +8.1% vs last year’s Q2, on revenues of $3.48B, -3.1%. Analysts expected revenues to come in a tad higher at $3.53B. But earnings, at 65 cents a share, were well ahead of the…
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