Dow Jones Beats 3Q Estimates by a Penny - TheStreet

Dow Jones

(DJ)

posted third-quarter earnings, excluding a charge, that beat analysts' expectations by a penny on the strength of revenue gains in both print and electronic publishing.

The publisher of

The Wall Street Journal

earned $48.4 million, or 55 cents a diluted share, up from $45.5 million, or 50 cents a share, in the same period last year. Nine analysts polled by

First Call/Thomson Financial

expected the company to earn 54 cents a share.

Revenue rose 7% to $529.4 million. Electronic publishing revenue grew 10% from the year-ago period, while print publishing revenue increased 6%.