CBS Posts Solid Q1 Results, Beats EPS By $0.10

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Heights Finance . CBS Corporation (NYSE:CBS) reported Q1 EPS of VideoDescription.29 today, beating the consensus estimate for VideoDescription.19 per share. Revenue for the quarter was down about 0.5% year-over-year to .51 billion, but was ahead of the consensus estimate for .46 billion. "CBS's first quarter performance demonstrates the extraordinary momentum we have created in our businesses," said Sumner Redstone, Executive Chairman, CBS Corporation. "Our industry-leading content and multi-platform distribution continue to provide a competitive advantage that fuels our ongoing success. Going forward, I am very confident that the strategies employed by our management team will propel us to even greater heights throughout the rest of the year and beyond."

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