Meredith Corp. (MDP) Tops Q2 EPS by 2c; Updates FY16 EPS Outlook

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Meredith Corporation Reports Fiscal 2016 Second Quarter Results

January 27, 2016 9:01 AM EST

DES MOINES, Iowa, Jan. 27, 2016 /PRNewswire/ -- Meredith Corporation (NYSE: MDP) (www.meredith.com) - the leading media and marketing company with local television brands in large, fast-growing markets and national brands serving 100 million American women - today reported fiscal 2016 second quarter results:

Earnings per share were $0.72, compared to $0.87 in the prior-year period. Excluding special items, comprised primarily of transaction expenses related to Meredith's agreement to merge with Media General, Inc., earnings per share were $0.80.... More