Investing.com - QIWI reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
QIWI announced earnings per share of 0.66 on revenue of 83.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of 45.62 on revenue of 6.4B.
QIWI shares are down 13.48% from the beginning of the year and are trading at 16.75 , down-from-52-week-high.They are under-performing the Nasdaq which is up 31.53% from the start of the year.
QIWI follows other major Services sector earnings this month
QIWI's report follows an earnings beat by Amazon.com on Thursday, October 29, 2020, who reported EPS of 12.37 on revenue of 96.15B, compared to forecasts EPS of 7.41 on revenue of 92.78B.
Alibaba ADR had beat expectations on Thursday, November 5, 2020 with second quarter EPS of 18 on revenue of 155.06B, compared to forecast for EPS of 13.82 on revenue of 154.87B.
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