Investing.com – Visa (NYSE:) A reported on Thursday first quarter that matched analysts’ forecasts and revenue that fell short of expectations.
Visa A announced earnings per share of $1.46 on revenue of $6.05B. Analysts polled by Investing.com anticipated EPS of $1.46 on revenue of $6.07B. That with comparison to EPS of $1.3 on revenue of $5.51B in the same period a year before. Visa A had reported EPS of $1.47 on revenue of $6.14B in the previous quarter. Analysts are expecting EPS of $1.46 and revenue of $6.1B in the upcoming quarter.
Visa A shares are up 10% from the beginning of the year and are trading at $204.00 , still down 0.95% from its 52 week high of $210.13 set on January 22. They are outperforming the which is up 0.77% year to date.
Visa A shares lost 1.98% in after-hours trade following the report.
Visa A follows other major Services sector earnings this month
Visa A’s report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.05 on revenue of $85.97B.
AT&T had beat expectations on Wednesday with fourth quarter EPS of $0.89 on revenue of $46.82B, compared to forecast for EPS of $0.88 on revenue of $46.95B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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