CBS Corp. easily tops Q1 estimates

Friday, May 4, 2018 9:42 AM | Michael Fowlkes

Morning News Leader

CBS Corporation (CBS) is up 2.9% Friday morning. The company reported first-quarter results after the market close Thursday, posting earnings of $1.32 per share, versus the consensus $1.18. Sales for the quarter rose 13% year over year to $3.8 billion, topping the $3.6 billion estimate. Affiliate and subscription fee revenues rose 16% year over year.

CBS Corporation (CBS) is a diversified media company.

Pandora Media, Inc. (P) and Riot Blockchain, Inc. (RIOT) top the list of other companies with positive news today, while Fluor Corporation (FLR) and Sally Beauty Holdings, Inc. (SBH) top the list of companies with negative news.

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