CNBC shows a $4B return in three months
CNBC shows that it has a $2.3 billion profit this quarter, and it said on Thursday that it expects earnings in the third quarter to be up about 5% to $4 billion.
The network reported that earnings per share in the fourth quarter of this year were $1.03, up from $1 in the first quarter.
The stock has risen more than 4% in the past 12 months.
The Dow Jones Industrial Average has more than tripled since it closed in June 2008, and the S&P 500 index has nearly tripled.