Viacom Q3 Beats Forecasts, Misses On Revenue

Viacom had mixed bag for its fiscal third quarter 2018, topping Wall Street’s earnings forecast, but missing on revenue. For the three months ending June 30, the film and TV conglomerate reported revenue of $3.24 billion and an adjusted diluted earnings-per-share of $1.18. Media analysts had forecast earnings per share (EPS) of $1.07 and $3.26 billion in revenue, according to a Yahoo Finance-compiled consensus. Read the full article on The Wrap