Journal Communications ( JRN) rose 5% early Tuesday after second-quarter numbers exceeded analyst expectations. The Milwaukee-based media company said that it earned $15.2 million, or 21 cents per share, during the quarter ended June 25. That compares with earnings of $18.1 million, or 24 cents per share, in the same period last year. Revenue dropped to $197.2 million from last year's $197.5 million. Analysts polled by Thomson Financial were looking for the company to make 19 cents per share on revenue of $196 million. "During the quarter, the Broadcast Group again delivered a solid performance while weakness persisted in publishing. Television performance was particularly strong, led by our Las Vegas market, with significant contributions from our three new stations as well as improvement in all but one of our other TV markets," said Chairman Steven Smith. "Additionally, radio revenue rebounded in the last two months and our radio operators continued to improve margins. Smith said that the company's daily newspaper, the Milwaukee Journal Sentinel, continues to be challenged by declines in classified advertising. In that segment of the business, revenue decreased 10%. Looking forward, Journal Communications currently anticipates total revenue in the third quarter of between $195 million and $200 million. The company also anticipates net earnings of between $13 million and $15 million. Analysts will be looking for the company to earn 21 cents a share on $197.5 million in revenue next quarter. Journal Communications shares rose 51 cents early Tuesday to $11.01.