Earnings: Meredith Corp. Delivers Solid Q4 Results

Meredith Corp. (MDP) reported solid growth in both earnings and revenues for its fourth-quarter 2010 and full-year results.

Ad revenue was up seven percent from the prior year, to $202 million for the quarter, while total revenue grew to $365 million.

Earnings for the quarter totaled $33.4 million.

Even Meredith’s magazine segment, including Better Homes & Gardens, Parents, Ladies’ Home Journal, Family Circle, and so forth, saw a slight increase over the year: revenues rose 2 percent to $288 million and profit remained steady at $46 million.

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