Salem Communications (SALM) Tops Q3 EPS by 1c, Posts Q4 Sales Guidance
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Financial Fact:
Net broadcast revenue: 51.05M
Today's EPS Names:
SVBT, ZEO, OTLK, More
Financial Fact:
Net broadcast revenue: 51.05M
Today's EPS Names:
SVBT, ZEO, OTLK, More
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Salem Communications (NASDAQ: SALM) reported Q3 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $54.9 million versus the consensus estimate of $53.77 million.
For the fourth quarter of 2011, Salem is projecting total revenue to increase 2% to 4% over fourth quarter 2010 total revenue of $54.1 million. The Street is currently forecasting sales of $55.69 million.
For the fourth quarter of 2011, Salem is projecting total revenue to increase 2% to 4% over fourth quarter 2010 total revenue of $54.1 million. The Street is currently forecasting sales of $55.69 million.
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