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Visa A announced earnings per share of $1.38 on revenue of $5.7B. Analysts polled by Investing.com anticipated EPS of $1.27 on revenue of $5.56B.
Visa A shares are up 5% from the beginning of the year, still down 1.30% from its 52 week high of $232.95 set on April 26. They are under-performing the S&P 500 which is up 11.47% from the start of the year.
Visa A shares gained 1.87% in after-hours trade following the report.
Visa A’s report follows an earnings beat by Verizon on April 21, who reported EPS of $1.31 on revenue of $32.9B, compared to forecasts EPS of $1.29 on revenue of $32.46B.
Netflix had beat expectations on April 20 with first quarter EPS of $3.75 on revenue of $7.16B, compared to forecast for EPS of $3.04 on revenue of $7.14B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
