CBS (CBS) Reports Q3 EPS of $0.74

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CBS (CBS) Q3 Results 'Positive', BMO Says

November 6, 2014 8:03 AM EST

BMO Capital analyst Daniel Salmon reiterated an Outperform rating and $64 price target on CBS (NYSE: CBS) following Q3 EPS of $0.74, in-line with the firm's estimate and slightly above consensus of $0.73. Total revenue of $3.37B was also roughly in-line with their $3.30B and the Streets $3.32B estimate. Segment OIBDA was ahead of expectations in Cable Nets and Local Broadcasting, while Entertainment and Publishing were below our estimates

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