Visa A Earnings, Revenue Beat in Q1 By

© Reuters. Visa A Earnings, Revenue Beat in Q1 – Visa (NYSE:) A reported on Thursday first quarter that beat analysts’ forecasts and revenue that topped expectations.

Visa A announced earnings per share of $1.42 on revenue of $5.69B. Analysts polled by anticipated EPS of $1.28 on revenue of $5.53B.

Visa A shares are down 9% from the beginning of the year, still down 10.06% from its 52 week high of $220.34 set on December 30, 2020. They are under-performing the Dow Jones which is down 0.01% from the start of the year.

Visa A shares gained 1.43% in after-hours trade following the report.

Visa A follows other major Services sector earnings this month

Visa A’s report follows an earnings missed by Netflix on January 19, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.36 on revenue of $6.62B.

Comcast had beat expectations on Thursday with fourth quarter EPS of $0.56 on revenue of $27.71B, compared to forecast for EPS of $0.4863 on revenue of $26.81B.

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