Investing.com - ViacomCBS reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ViacomCBS announced earnings per share of $1.25 on revenue of $6.28B. Analysts polled by Investing.com anticipated EPS of $0.92 on revenue of $6.19B.
ViacomCBS shares are down 38% from the beginning of the year and are trading at $26.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 3% from the start of the year.
ViacomCBS follows other major Services sector earnings this month
ViacomCBS's report follows an earnings beat by Amazon.com on July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar