03.05.2016 22:11:40
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CBS Corp. Reports 21% Gain In Q1 Earnings
(RTTNews) - CBS Corp. (CBS-A) reported earnings for its first quarter that gained ground from last year.
The company said its bottom line advanced to $474 million, or $1.02 per share. This was higher than $391 million, or $0.77 per share, in last year's first quarter.
The company said revenue for the quarter rose 10.0% to $3.85 billion. This was up from $3.50 billion last year.
CBS Corp. earnings at a glance:
-Earnings (Q1): $474 Mln. vs. $391 Mln. last year. -Earnings Growth (Y-o-Y): 21.2% -EPS (Q1): $1.02 vs. $0.77 last year. -EPS Growth (Y-o-Y): 32.5% -Revenue (Q1): $3.85 Bln vs. $3.50 Bln last year. -Revenue Change (Y-o-Y): 10.0%
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