Visa A earnings, Revenue beat in Q1

  • Investing.com
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Visa A earnings, Revenue beat in Q1
Credit: © Reuters.

Investing.com - Visa (NYSE: V ) A reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Visa A announced earnings per share of $1.81 on revenue of $7.06B. Analysts polled by Investing.com anticipated EPS of $1.7 on revenue of $6.79B.

Visa A shares are down 1% from the beginning of the year and are trading at $217.55 , down-from-52-week-high.They are outperforming the S&P 500 which is down 9.23% year to date.

Visa A shares gained 5.53% in after-hours trade the report.

Visa A follows other major Information Technology sector earnings this month

Visa A's report follows an earnings beat by Apple on Thursday, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.89 on revenue of $118.68B.

Microsoft had beat expectations on Tuesday with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.31 on revenue of $50.65B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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