CBS posted fourth-quarter profit that beat analysts’ estimates on higher television advertising sales, sending shares up 2.1 percent to $22.10.

Net income soared almost fivefold to $283 million, or 41 cents a share, from $58.8 million, or 9 cents, a year earlier, New York-based CBS said. Excluding items, profit of 46 cents beat the 43 cents that analysts were expecting.

Sales gained 11 percent to $3.9 billion, topping the $3.85 billion average of 16 analysts’ estimates.

Advertisers are restoring marketing budgets after cutting spending during the longest recession since the Great Depression.

CBS’s TV stations and broadcast network also gained from fees collected from pay-TV operators that carry their signals.

“We expect these results to continue for a long, long time,” CEO Leslie Moonves said on a conference call.