CBS Q1 Earnings & Revenues Increase Y/Y, Miss Estimates

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CBS Corporation delivered first-quarter 2019 adjusted earnings of $1.37 per share that increased 2% from the year-ago quarter. However, the figure missed the Zacks Consensus Estimate by a penny.

Revenues increased 10.8% from the year-ago quarter to $4.17 billion attributable to the success of Super Bowl LIII. However, the figure missed the consensus mark of $4.3 billion.

CBS Corporation Price, Consensus and EPS Surprise

 

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