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Visa A Earnings, Revenue Beat in Q3

Stock Markets Jul 27, 2021 04:51PM ET

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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 $1.49 on revenue of $6.13B. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $5.85B.

Visa A shares are up 14% from the beginning of the year, still down 0.67% from its 52 week high of $252.61 set on July 27. They are under-performing the Dow Jones which is up 14.55% from the start of the year.

Visa A shares lost 1.17% 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 Apple on Tuesday, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.26B.

Microsoft had beat expectations on Tuesday with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.91 on revenue of $44.06B.

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

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Comments (1)

Arub Baji Jul 27, 2021 9:15PM ET

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So Visa beat estimates and they go down 1% ... wff? Tough crowd.

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