CBS Corp. Q3 Profit Retreats 74%

(RTTNews) - CBS Corp. (CBS-A) announced earnings for third quarter that dropped compared to the same period last year.

The company said its profit came in at $0.43 billion, or $0.88 per share. This was down from $1.64 billion, or $3.03 per share, in last year's third quarter.

The company said revenue for the quarter fell 3.3% to $3.26 billion. This was down from $3.37 billion last year.

CBS Corp. earnings at a glance:

-Earnings (Q3): $0.43 Bln. vs. $1.64 Bln. last year. -Earnings Decline (Y-o-Y): -73.8% -EPS (Q3): $0.88 vs. $3.03 last year. -EPS Decline (Y-o-Y): -71.0% -Revenue (Q3): $3.26 Bln vs. $3.37 Bln last year. -Revenue Change (Y-o-Y): -3.3%