Investing.com - Visa (NYSE:V) A reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Visa A announced earnings per share of $1.93 on revenue of $7.80. Analysts polled by Investing.com anticipated EPS of $1.87 on revenue of $7.57B.
Visa A shares are down 37% from the beginning of the year and are trading at $196.50 , down-from-52-week-high.
Visa A shares gained 1.09% in after-hours trade following the report.
Visa A follows other major Information Technology sector earnings this month
Visa A's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, compared to forecasts EPS of $2.32 on revenue of $49.86B.
Taiwan Semiconductor had beat expectations on Thursday, October 13, 2022 with third quarter EPS of $1.79 on revenue of $20.23B, compared to forecast for EPS of $1.65 on revenue of $19.44B.
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