CBS Earnings Better Than Expected by Analysts

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July 31 (Bloomberg) -- Julie Hyman reports on CBS's earnings on Bloomberg Television's "Street Smart." (Source: Bloomberg)

You have got the earnings officer at cbs?

They look to be better than estimated by analysts, earnings per share coming in at 76 cents, better than estimates.

Their revenue rising about 11% to $3.5 billion.

In a statement last moon base -- les moonves touted "under the dome," saying that it changed the face a summer program.

Ray donovan said that it filled the pipeline at showtime in a big way, really trumping content and its various content offerings.

He was also talking about the cbs outdoor offering that i mentioned earlier, announcing that they expect to dispose of those cbs outdoor shares after the offering.

This was the billboard unit that was going to be spun off into a real-estate investment fund, we are learning that they will no longer hold shares in that unit after this offering is completed.

All right, thank you very much for bringing us that news.

This text has been automatically generated. It may not be 100% accurate.


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