Investing.com - Graham Holdings reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Graham Holdings announced earnings per share of $7.9 on revenue of $809.4M. Analysts polled by Investing.com anticipated EPS of $11.3 on revenue of $772.4M.
Graham Holdings shares are up 8.75% from the beginning of the year and are trading at $569.00 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Graham Holdings shares lost 1.91% in pre-market trade the report.
Graham Holdings follows other major Services sector earnings this month
Graham Holdings's report follows an earnings missed by Amazon.com on October 28, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on October 26 with fourth quarter EPS of $1.62 on revenue of $6.56B, compared to forecast for EPS of $1.55 on revenue of $6.52B.
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