Viacom (VIA) Tops Q3 EPS by 12c, Revs In-Line
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Viacom (NYSE: VIA.B) (NYSE: VIA) reports Q3 adjusted EPS of $0.69, above the consensus of $0.57. Revenues fell 3% to $3.317 billion, versus the consensus of $3.3 billion.
Sumner M. Redstone, Executive Chairman of Viacom, said, "As we enter a period of economic recovery, Viacom is already beginning to reap the benefits of a highly focused and well executed strategy. With our strong brands and growing global footprint, we are well positioned to capitalize on future opportunities."
UPDATE: Click here to see some highlights from Viacom's Q3 conference call.
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