Investing.com - Phoenix New Media reported on Monday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Phoenix New Media announced earnings per share of -0.4 on revenue of 226.09M. Analysts polled by Investing.com anticipated EPS of -1.16 on revenue of 365.23M.
Phoenix New Media shares are up 31.67% from the beginning of the year and are trading at 1.580 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Phoenix New Media follows other major Services sector earnings this month
Phoenix New Media's report follows an earnings beat by Amazon.com on Thursday, April 29, 2021, who reported EPS of 15.79 on revenue of 108.52B, compared to forecasts EPS of 9.54 on revenue of 104.51B.
Visa A had beat expectations on Tuesday, April 27, 2021 with second quarter EPS of 1.38 on revenue of 5.73B, compared to forecast for EPS of 1.27 on revenue of 5.56B.
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