(WPO) The Washington Post Company – Bull of the Day

The Washington Post’s (WPO) top and bottom lines surpassed the Zacks expectations in the fourth quarter of 2011. The quarterly earnings of $8.75 per share beat the Zacks Consensus Estimate of $5.36 (but dropped 23.8% from the prior-year quarter). Total revenue of $1,063.4 million also came ahead of the Zacks Consensus Estimate of $1,038 million.

Kaplan Education division has undertaken a restructuring plan to lower its costs structure in the near future. Further, Kaplan International remains promising, registering growth of 14% during the quarter. The Cable division is also performing well, reflecting sustained improvement in Internet and telephone service revenues.

We have a long-term Outperform recommendation on the stock. Our target price of $433.00, 24.1X 2012 EPS, reflects this view.

WASHINGTON POST (WPO): Free Stock Analysis Report

View original at: Zacks Investment Research – All Commentary Articles

About vitalstocks

This is a sample profile field. Vitalstocks is the operating company for Stockbloghub. This will place the picture of the author or company in the profile. Here is another extra line of information.


Powered by Facebook Comments

Similar Posts: | | Publishing - Newspapers | Services

RSS feeds: Washington Post Company | WPO | Publishing - Newspapers | Services |

Other Posts by | RSS Feed for this author