Investing.com - Graham Holdings reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Graham Holdings announced earnings per share of $11.38 on revenue of $797M. Analysts polled by Investing.com anticipated EPS of $8.87 on revenue of $731.70M.
Graham Holdings shares are up 16.24% from the beginning of the year and are trading at $625.00 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Graham Holdings shares gained 0.81% in pre-market trade the report.
Graham Holdings follows other major Services sector earnings this month
Graham Holdings's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
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