Belo Corp Reports Q4 EPS of $.38 vs. $.34

Belo Corp. BLC today reported fourth quarter and full year 2010 net earnings (loss) per share of $0.38 and $0.83, respectively, compared to $0.21 and ($1.06), respectively, for the fourth quarter and full year 2009. Full year 2009 included a non-cash impairment charge to intangible assets of $1.51 per share in the third quarter and a gain on the repurchase and retirement of Company bonds of $0.09 per share in the first quarter.