CBS Corp. Beats Analysts' EPS Estimates (CBS)

CBS Corp. CBS reported Q2 earnings per share of $0.25 after the opening bell on Tuesday. This compares with Wall Street EPS expectations of $0.21. Revenues were $3.33 billion, which came in ahead of analysts' estimates of $3.24 billion. In the after hours trading session, CBS has gained 1.67% to $15.25. "CBS turned in terrific results in the second quarter of 2010," said Sumner Redstone, Executive Chairman, CBS Corporation. "We remain focused on all the things that matter most – growing our businesses, enhancing our financial strength and broadening the reach of our industry-leading content – and I have never been more confident in our Company's prospects. The operational expertise and financial discipline of Leslie and his management team continue to serve our audiences and shareholders well, and to position CBS as a long-term industry leader."