Meredith Corp. (MDP) Tops Q1 EPS by 6c

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Meredith Reports Fiscal 2018 First Quarter Results

October 26, 2017 7:30 AM EDT

DES MOINES, Iowa, Oct. 26, 2017 /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 110 million unduplicated American women every month reported today fiscal 2018 first quarter results:

Earnings per share were $0.73, including a gain of $0.04 per share related to the sale of a majority stake in the Family Circle Cup Tennis Center. Excluding this special item, earnings per share were $0.69. This compares to... More