Meredith Corporation Declares Quarterly Dividend, Payable on September 15, 2014
Aug 19 14
The Meredith Corporation Board of Directors has declared a regular quarterly dividend of $0.4325 per share, or $1.73 on an annual basis. The quarterly dividend will be payable on September 15, 2014, to shareholders of record on August 29, 2014.
Meredith Corporation Presents at 16th Annual Pacific Crest Global Technology Leadership Forum, Aug-12-2014 10:00 AM
Aug 7 14
Meredith Corporation Presents at 16th Annual Pacific Crest Global Technology Leadership Forum, Aug-12-2014 10:00 AM. Venue: The Sonnenalp Hotel, 20 Vail Road, Vail, CO 81657, United States. Speakers: Chad Barnard, Director - Corporate Development.
Meredith Corporation Names Nina Judar as Beauty Director of More Magazine
Aug 4 14
Meredith Corporation announced that Nina Judar has been named Beauty Director of More magazine. Judar will report to More Editor-in-Chief Lesley Jane Seymour and will begin on September 3. She replaces Genevieve Monsma. A key player in the beauty industry and accomplished editor, Judar joins Meredith's More magazine, a brand for influential women of style and substance, from Hearst Corporation.
Meredith Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2014; Provides Earnings Guidance for the Year 2015
Jul 31 14
Meredith Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2014. For the quarter, the company reported total revenues of $390,794,000 against $386,973,000 a year ago. Income from operations was $60,577,000 against $58,030,000 a year ago. Earnings before income taxes were $57,077,000 against $54,830,000 a year ago. Net earnings were $40,445,000 against $33,803,000 a year ago. Diluted earnings per share were $0.89 against $0.75 per share a year ago. EBITDA was $74,087,000 against $69,395,000 a year ago.
For the year, the company reported total revenues of $1,468,708,000 against $1,471,340,000 a year ago. Income from operations was $186,515,000 against $210,834,000 a year ago. Earnings before income taxes were $174,339,000 against $197,404,000 a year ago. Net earnings were $113,541,000 against $123,650,000 a year ago. Diluted earnings per share were $2.50 against $2.74 per share a year ago. EBITDA was $246,443,000 against $256,184,000 a year ago. Net cash provided by operating activities was $178,090,000 against $189,087,000 a year ago. Additions to property, plant, and equipment were $24,822,000 against $25,969,000 a year ago.
For the year 2015, the company expects full year fiscal 2015 earnings per share to range from $3.00 to $3.25. In fiscal 2015, the company expects a total of $28 million to $33 million of political advertising revenues at its television stations, with the majority being booked in the second fiscal quarter. Looking more closely at the first quarter of fiscal 2015 compared to the prior-year period. Total company revenues are expected to be up mid-single digits.