Investing.com - Meredith reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Meredith announced earnings per share of $3.13 on revenue of $901.5M. Analysts polled by Investing.com anticipated EPS of $2.06 on revenue of $840.67M.
Meredith shares are up 27% from the beginning of the year and are trading at $23.30 , down-from-52-week-high.They are outperforming the Nasdaq which is up 5.6% from the start of the year.
Meredith shares gained 6.39% in pre-market trade the report.
Meredith follows other major Services sector earnings this month
Meredith's report follows an earnings beat by Amazon.com on Tuesday, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.16 on revenue of $119.68B.
Alibaba ADR had beat expectations on Tuesday with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar