Investing.com - Graham (NYSE:GHM) Holdings reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Graham Holdings announced earnings per share of $8.55 on revenue of $862.93M. Analysts polled by Investing.com anticipated EPS of $8.23 on revenue of $816.7M.
Graham Holdings shares are down 4% from the beginning of the year, still down 14.12% from its 52 week high of $685.00 set on May 24, 2021. They are outperforming the S&P 500 which is down 10.02% 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 February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Louis Vuitton ADR had matched expectations on January 27 with fourth quarter EPS of $2.54 on revenue of $22.37B, compared to forecast for EPS of $2.54 on revenue of $20.27B.
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