
ViacomCBS Inc. (NASDAQ:VIAC) shares are trading lower Wednesday after the company reported fourth-quarter adjusted EPS results were down year-over-year.
ViacomCBS reported quarterly earnings of 26 cents per share, representing a 75% decrease over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $8 billion, which beat the analyst consensus estimate of $7.49 billion by 7%.