Belo Corp. (BLC) Tops Q3 EPS by 2c; Sees Lower Q4 Stations, Operating Costs

November 3, 2011 8:46 AM EDT
Belo Corp. (NYSE: BLC) reported Q3 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $152 million versus the consensus estimate of $156.69 million.

Combined station and corporate operating costs are currently estimated to be down about 3 percent in the fourth quarter of 2011 compared to the fourth quarter of 2010.


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