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CBS Corp. Q2 adjusted earnings Beat Estimates

CBS Corp. (CBS-A) revealed earnings for its second quarter that rose from the same period last year.

The company's earnings came in at $440 million, or $1.17 per share. This compares with $400 million, or $1.05 per share, in last year's second quarter.

Excluding items, CBS Corp. reported adjusted earnings of $435 million or $1.16 per share for the period.

Analysts had expected the company to earn $1.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.8% to $3.81 billion from $3.47 billion last year.

CBS Corp. earnings at a glance:

-Earnings (Q2): $435 Mln. vs. $427 Mln. last year.
-EPS (Q2): $1.16 vs. $1.12 last year.
-Analysts Estimate: $1.12
-Revenue (Q2): $3.81 Bln vs. $3.47 Bln last year.

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