Investing.com - Meredith (NYSE:MDP) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Meredith announced earnings per share of $0.86 on revenue of $708.6M. Analysts polled by Investing.com anticipated EPS of $0.6802 on revenue of $676.61M.
Meredith shares are up 26% from the beginning of the year, still down 0.93% from its 52 week high of $58.83 set on September 24. They are outperforming the Nasdaq which is up 18.21% from the start of the year.
Meredith follows other major Services sector earnings this month
Meredith's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on October 19 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar