Washington Post's (WPO +0.4%) Q4 earnings fell 22% as results at the media company's Kaplan...

|By:, SA News Editor

Washington Post's (WPO +0.4%) Q4 earnings fell 22% as results at the media company's Kaplan higher education division, which accounts for the bulk of its overall revenue, dropped sharply. WPO reported a profit of $61.7M, or $8.03/share, down from $79M, or $9.42/share, a year earlier, and revenue dropped 10% to $1.06B, but results beat estimates.