Investing.com - Graham (NYSE:GHM) Holdings reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Graham Holdings announced earnings per share of $22.44 on revenue of $712.5M. Analysts polled by Investing.com anticipated EPS of $3.3 on revenue of $664.2M.
Graham Holdings shares are up 19.21% from the beginning of the year, still down 3.63% from its 52 week high of $659.80 set on April 16. They are outperforming the EUR/USD which is down 0% from the start of the year.
Graham Holdings follows other major Services sector earnings this month
Graham Holdings's report follows an earnings beat by Amazon.com on April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Visa A had beat expectations on April 27 with second quarter EPS of $1.38 on revenue of $5.73B, compared to forecast for EPS of $1.27 on revenue of $5.56B.
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