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 $22.99 on revenue of $801.2M. Analysts polled by Investing.com anticipated EPS of $7.55 on revenue of $767M.
Graham Holdings shares are up 23.65% from the beginning of the year, still down 3.72% from its 52 week high of $685.00 set on May 24. They are outperforming the EUR/USD which is down 0% from the start of the year.
Graham Holdings follows other major Consumer Discretionary sector earnings this month
Graham Holdings's report follows an earnings beat by Amazon.com on July 29, who reported EPS of $15.12 on revenue of $113.08B, compared to forecasts EPS of $12.23 on revenue of $115.42B.
Tesla had beat expectations on July 26 with second quarter EPS of $1.45 on revenue of $11.96B, compared to forecast for EPS of $0.9417 on revenue of $11.51B.
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