Shares of Viacom Inc. jumped pre-market as the media company reported earnings that were stronger than analysts expected. The company said net income in the quarter was $256 million, up from $121 million in the year-ago period. Per-share earnings were 64 cents, up from 30 cents a year ago, while adjusted EPS was 92 cents, beating the FactSet consensus of 79 cents. Revenues were $3.14 billion, down from $3.26 billion a year ago, but beating the FactSet consensus of $3.04 billion. In a release, the company said it expects more than $100 million in cost savings in fiscal 2018. Shares of the company are up 0.4% for the year to date, while the S&P 500 has gained 1.5%.