In the same period a year ago, the company posted earnings of $1.34 a share on sales of $3.8 billion.
The stock has risen 4.4% since the company last reported earnings on Feb. 14.
Quarterly estimates have fallen 4.5 cents a share in the past month.
CBS is currently trading at a price-to-forward-earnings ratio of 8.7 based on the 12-month estimates of 28 analysts surveyed by FactSet.
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