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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.