Qurate Retail A reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.61 on revenue of $4.38B. Analysts polled by forecast EPS of $0.65 on revenue of $4.4B. That compared to EPS of $2.05 on revenue of $3.34B in the same period a year earlier. The company had reported EPS of $0.16 on revenue of $3.23B in the previous quarter.
Qurate Retail A follows other major Services sector earnings this month
On January 31, Amazon.com reported fourth quarter EPS of $6.04 on revenue of $72.38B, compared to forecasts of EPS of $5.65 on revenue of $71.88B.
Alibaba earnings beat analyst's expectations on January 30, with third quarter EPS of $12.19 on revenue of $117.28B. analysts expected EPS of $11.45 on revenue of $119.03B
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