CBS Corp. Bottom Line Drops 37% In Q4

(RTTNews) - CBS Corp. (CBS-A) announced earnings for fourth quarter that lost ground compared to the same period last year.

The company said its profit totaled $261 million, or $0.55 per share. This was lower than $413 million, or $0.79 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 6.2% to $3.91 billion. This was up from $3.68 billion last year.

CBS Corp. earnings at a glance:

-Earnings (Q4): $261 Mln. vs. $413 Mln. last year. -Earnings Decline (Y-o-Y): -36.8% -EPS (Q4): $0.55 vs. $0.79 last year. -EPS Decline (Y-o-Y): -30.4% -Revenue (Q4): $3.91 Bln vs. $3.68 Bln last year. -Revenue Change (Y-o-Y): 6.2%