Investing.com - Visa (NYSE:V) A reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Visa A announced earnings per share of $1.06 on revenue of $4.84B. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $4.82B.
Visa A shares are up 6% from the beginning of the year and are trading at $196.79 , down-from-52-week-high.They are under-performing the Nasdaq which is up 15.93% from the start of the year.
Visa A follows other major Services sector earnings this month
Visa A's report follows an earnings beat by Verizon on Friday, who reported EPS of $1.18 on revenue of $30.45B, compared to forecasts EPS of $1.15 on revenue of $29.92B.
Netflix had missed expectations on Thursday, July 16, 2020 with second quarter EPS of $1.59 on revenue of $6.15B, compared to forecast for EPS of $1.82 on revenue of $6.08B.
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