Investing.com - ViacomCBS reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ViacomCBS announced earnings per share of $0.91 on revenue of $6.11B. Analysts polled by Investing.com anticipated EPS of $0.79 on revenue of $5.98B.
ViacomCBS shares are down 12.19% from the beginning of the year and are trading at $31.29 , down-from-52-week-high.They are under-performing the S&P 500 which is up 8.66% 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 October 29, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.
Alibaba ADR had beat expectations on Thursday with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $14.18 on revenue of $155.88B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar