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CBS Edges Past Wall Street’s Q2 Earnings Projections as Streaming Revenue Climbs

Photo by: The Wrap

CBS narrowly edged past Wall Street’s expectations when it shared its second quarter financial performance on Thursday afternoon, with the company pointing to continued growth from its streaming business as a key to better-than-expected revenue growth. CBS reported Q2 revenue of $3.8 billion and adjusted earnings per share of $1.16, topping analyst estimates of $3.7 billion in sales and $1.12 EPS....

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