Shares of Washington Post (WPO +1.8%) gain, despite a Q2 report showing a sharp decline in...

|By:, SA News Editor

Shares of Washington Post (WPO +1.8%) gain, despite a Q2 report showing a sharp decline in revenue (-10% Y/Y) and net income (-50% Y/Y). The firm missed analyst estimates on EPS by $0.13, as it struggles to keep enrollment stable in its Kaplan Higher Education business.