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Viacom (VIAB) Q2 Earnings Beat Estimates, Revenues Down Y/Y
Viacom Inc. VIAB reported second-quarter fiscal 2019 adjusted earnings of 95 cents per share that beat the Zacks Consensus Estimate by 13 cents. The figure increased 3% year over year on a constant-currency (cc) basis.
Revenues of $2.96 billion lagged the Zacks Consensus Estimate of $3.03 billion and decreased 4% year over year at cc.
Selling, general and administrative (SG&A) expenses decreased 3.6% to $743 million.
Adjusted operating income decreased 1% at cc from the year-ago quarter to $637 million.
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https://finance.yahoo.com/news/viacom-vi...07689.html
![[Bild: VIABc1dl1754.png]](https://finviz.com/publish/051019/VIABc1dl1754.png)
Viacom Inc. VIAB reported second-quarter fiscal 2019 adjusted earnings of 95 cents per share that beat the Zacks Consensus Estimate by 13 cents. The figure increased 3% year over year on a constant-currency (cc) basis.
Revenues of $2.96 billion lagged the Zacks Consensus Estimate of $3.03 billion and decreased 4% year over year at cc.
Selling, general and administrative (SG&A) expenses decreased 3.6% to $743 million.
Adjusted operating income decreased 1% at cc from the year-ago quarter to $637 million.
...
https://finance.yahoo.com/news/viacom-vi...07689.html
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