Viacom posts earnings of $1.16 a share vs. $1.06 expected

Analysts expected Viacom to report earnings of $1.06 per share on $3.26 billion in revenue, according to a consensus estimate from Thomson Reuters. How are Viacom shares doing now? Viacom earlier this month said it would take a $785 million pre-tax charge in the quarter as part of a corporate restructuring.