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CBS Management Discusses Q2 2012 Results - Earnings Call Transcript

Stock quotes in this article: CBS 

CBS (CBS)

Q2 2012 Earnings Call

August 02, 2012 4:30 pm ET

Executives

Adam Townsend - Executive Vice President of Investor Relations

Sumner M. Redstone - Founder and Executive Chairman

Leslie Moonves - Chief Executive Officer, President and Director

Joseph R. Ianniello - Chief Financial Officer and Executive Vice President

Analysts

Benjamin Swinburne - Morgan Stanley, Research Division

Jessica Reif Cohen - BofA Merrill Lynch, Research Division

Michael C. Morris - Davenport & Company, LLC, Research Division

David Bank - RBC Capital Markets, LLC, Research Division

Michael Nathanson - Nomura Securities Co. Ltd., Research Division

David W. Miller - Caris & Company, Inc., Research Division

Douglas D. Mitchelson - Deutsche Bank AG, Research Division

John Janedis - UBS Investment Bank, Research Division

Alexia S. Quadrani - JP Morgan Chase & Co, Research Division

Anthony J. DiClemente - Barclays Capital, Research Division

William G. Bird - Lazard Capital Markets LLC, Research Division

Marci Ryvicker - Wells Fargo Securities, LLC, Research Division

Presentation

Operator

Good day, everyone, and welcome to the CBS Corporation Second Quarter 2012 Earnings Release Teleconference. Today's call is being recorded. At this time, I'd like to turn the call over to the Executive Vice President of Investor Relations, Mr. Adam Townsend. Please go ahead.

Adam Townsend

Good afternoon, everyone, and welcome to our Second Quarter 2012 Earnings Call. Joining me for today's discussion are Sumner Redstone, our Executive Chairman; Leslie Moonves, President and CEO; and Joe Ianniello, Executive Vice President and CFO.

Sumner will have opening remarks, and we'll turn the call over to Les and Joe, who will discuss the strategic and financial results. We will then open the call up to questions.

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