Cablevision Q4 Profit From Cont. Ops. Rises - Quick Facts

(RTTNews) - Cablevision Systems Corp. (CVC) reported fourth-quarter income from continuing operations to shareholders of $56.15 million or $0.20 per share, compared to $47.04 million or $0.18 per share, prior year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.19 for the quarter. Analysts' estimates typically exclude special items. Revenue increased to $1.63 billion from $1.58 billion last year. Analysts expected revenue of $1.63 billion for the quarter.

On February 24, 2015, the Board of Cablevision declared a quarterly dividend of $0.15 per share on each outstanding share of Cablevision NY Group Class A Common Stock and Cablevision NY Group Class B Common Stock. This quarterly dividend is payable on April 3, 2015 to shareholders of record at the close of business on March 16, 2015.