Also Read: ViacomCBS Streaming Shakeup: Tom Ryan Takes Over, Marc DeBevoise Steps DownViacomCBS beat analysts predictions Friday, as Wall Street had forecast earnings of 80 cents per share on $5.94 billion in revenue, according to a Yahoo Finance compilation of estimates.
ViacomCBS actually reported EPS (earnings per share) of 99 cents on $6.116 billion in revenue.ViacomCBS recently underwent a streaming-business shakeup ahead of CBS All Access rebranding as Paramount+.
Tom Ryan is taking over that business-of-the-future as Marc DeBevoise departs.ViacomCBS stock (VIAC) closed Thursday at $31.29 per share.
The stock markets reopen for regular trading at 9:30 a.m. ET.ViacomCBS executives will host a conference call at 8:30 a.m. ET to discuss.
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