CBS (CBS) PT Raised to $65 at Piper Jaffray Following Record Results
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CBS Corporation Reports First Quarter 2016 Results
May 3, 2016 4:05 PM EDTNEW YORK, May 3, 2016 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported results for the first quarter of 2016, including quarterly records for operating income and diluted earnings per share.
"CBS delivered a spectacular quarter as we continue to execute on our strategy of creating and distributing the content that audiences have to have," said Leslie Moonves, Chairman and Chief Executive Officer, CBS Corporation. "We had double-digit revenue growth, and we set records in all key profit measures, with EPS coming in above a dollar for the first time in our Company's history. Advertising was... More
