Investing.com - Meredith reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Meredith announced earnings per share of $1.11 on revenue of $717.9M. Analysts polled by Investing.com anticipated EPS of $0.4784 on revenue of $690.22M.
Meredith shares are up 125.68% from the beginning of the year and are trading at $43.33 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Meredith follows other major Services sector earnings this month
Meredith's report follows an earnings beat by Driven Brands Holdings on Wednesday, July 28, 2021, who reported EPS of $0.25 on revenue of $374.83M, compared to forecasts EPS of $0.163 on revenue of $322.31M.
Amazon.com had beat expectations on Thursday, July 29, 2021 with second quarter EPS of $15.12 on revenue of $113.08B, compared to forecast for EPS of $12.23 on revenue of $115.42B.
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