CBS Corp. (CBS) Tops Q1 EPS by 8c
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CBS Corporation Reports First Quarter 2017 Results
May 4, 2017 4:05 PM EDTNEW YORK, May 4, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported results for the first quarter of 2017, including record first-quarter adjusted diluted earnings per share ("EPS") from continuing operations.
"Our first-quarter results once again demonstrate the strength of our strategy, which is to diversify our revenue mix as we achieve our long-term financial goals," said Leslie Moonves, Chairman and Chief Executive Officer, CBS Corporation. "Retransmission consent and reverse compensation led the way in Q1, growing 28%. This contributed to a 17% increase in our Company's affiliate and subscription fee revenue, which also benefited from our... More
