CBS Corp. (CBS) posted third quarter net income of $207.6 million, compared to a net loss of $12.46 billion in the same quarter last year. Earnings per share for the period were $0.30, compared to a loss of $18.58 per share in last year period.
On average, 21 analysts polled by Thomson Reuters expected the company to report earnings of $0.22 per share. Analysts' estimates typically exclude special items.
Revenues for the quarter totaled $3.35 billion, compared to $3.38 billion in the prior-year quarter. Sixteen Wall Street analysts expected revenues of $3.19 billion.
Results for the third quarter of 2009 included a pre-tax non-cash impairment charge of $31.7 million and results for 2008 included pre-tax non-cash impairment charges of $14.12 billion.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.