Meredith Reports Fiscal 2019 First Quarter Results
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Meredith Corp. (MDP) Tops Q1 EPS by 12c, Revenues Beat; Affirms FY19 EPS/Revenue Outlook
November 7, 2018 7:08 AM ESTMeredith Corp. (NYSE: MDP) reported Q1 EPS of ($0.08), $0.12 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $757 million versus the consensus estimate of $751.54 million.
Total Company revenues from continuing operations grew more than 90 percent to $757 million, and total advertising related revenues more than doubled to $423 million.Earnings from continuing operations, including special items in both periods, were $16 million, compared to... More