Meredith Corp. (MDP) Tops Q2 EPS by 39c, Offers Q3 and FY

Meredith Corp. (NYSE: MDP) reported Q2 EPS of $2.06, $0.39 better than the analyst estimate of $1.67. Revenue for the quarter came in at $811 million versus the consensus estimate of $797.9 million.

GUIDANCE:

Meredith Corp. sees FY2020 EPS of $5.75-$6.20, versus the consensus of $6.34. Meredith Corp. sees FY2020 revenue of $3-3.2 billion, versus the consensus of $3.05 billion.

Meredith Corp. sees Q3 EPS of $1.24-$1.40, versus the consensus of $1.58.

For earnings history and earnings-related data on Meredith Corp. (MDP) click here.

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