Investing.com - Graham (NYSE:GHM) Holdings reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Graham Holdings announced earnings per share of $3.6 on revenue of $652.9M. Analysts polled by Investing.com anticipated EPS of $-0.83 on revenue of $604.90M.
Graham Holdings shares are down 37.35% from the beginning of the year, still down 44.92% from its 52 week high of $726.71 set on August 23, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Graham Holdings shares gained 1.82% in pre-market trade following the report.
Graham Holdings follows other major Services sector earnings this month
Graham Holdings'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.
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