Meredith Corp. (MDP) Tops Q1 EPS by 3c, Offers Q2 & FY Guidance

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Meredith Corporation Delivers Record Fiscal 2017 First Quarter Results

October 27, 2016 8:00 AM EDT

DES MOINES, Iowa, Oct. 27, 2016 /PRNewswire/ -- Meredith Corporation (NYSE:MDP; meredith.com) the leading media and marketing company with local television brands in large, fast-growing markets and national brands serving more than 100 million American women today reported record fiscal 2017 first quarter earnings of $0.75 per share, compared to $0.24 in the prior-year period.  Total company revenues increased 4 percent to a record $400 million, and total advertising revenues increased 3 percent to $226 million.

Excluding special items in the prior-year period,... More