The Washington Post Company Reports Q4 EPS of $9.42 vs. $8.72

The Washington Post Company WPO today reported net income available for common shares of $277.2 million ($31.04 per share) for the fiscal year ended January 2, 2011, up from net income available for common shares of $91.8 million ($9.78 per share) for the fiscal year ended January 3, 2010. For the fourth quarter of 2010, the Company reported net income available for common shares of $79.0 million ($9.42 per share), compared to net income available for common shares of $81.7 million ($8.71 per share) for the same period of 2009. Net income includes $9.6 million ($1.03 per share) in losses from discontinued operations for the fourth quarter of 2009. For the fourth quarter of 2010, revenue was $1,190.0 million, up slightly from $1,186.2 million in 2009.