Gabelli & Company has issued a report regarding the 1Q11 results from Belo Corporation BLC.
According to the report, "Revenues of $151.5 mil, compared with $154.3 mil... EPS ex-items of $0.09 vs. $0.13, and exclude $20.5 mil ($0.13 ps after tax) charge related to split of pension plan with AH Belo."
BLC has a Buy Rating and closed at $8.47 yesterday.
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