Viacom Inc. a leading entertainment content company that operates primarily in the U.S. and Europe. The company offers many of the world’s best known entertainment brands through television, motion picture, Internet, mobile and video game platforms.

Currently, Viacom has a Zacks Rank #5 (Strong Sell), but that could definitely change following Viacom’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings:Viacom beat on earnings. Our consensus earnings estimate called for EPS of $1.02 per share, while the company reported an EPS of $1.05 per share. Investors should note that these figures take out stock option expenses.

Revenue:Viacom reported revenues of $3,107 million which beat our consensus estimate of $2,997.

Key Stats to Note: Quarterly adjusted operating income fell 29% year over year. On an annualized basis domestic advertising revenues decreased 4% while international advertising revenues increased 13%, respectively.

Check back later for our full write up on this Viacom earnings report later!

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>