CBS Corporation (NYSE: CBS): Q3 2019 Earnings Snapshot
CBS Corporation (NYSE: CBS): Q3 2019 Earnings Snapshot
— CBS Corporation (NYSE: CBS) reported its third-quarter 2019 adjusted earnings of $0.95 per share versus $0.91 per share expected.
— The results were hurt by the costs related to the pending merger with Viacom Inc. (NYSE: VIAB), increased investment in content, including a higher number of series produced for multiple platforms, as well as direct-to-consumer streaming services.
— Revenues…
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