Visa A Earnings, Revenue Beat in Q3
2022.07.27 00:54
Visa A Earnings, Revenue Beat in Q3
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 $1.98 on revenue of $7.28B. Analysts polled by Investing.com anticipated EPS of $1.74 on revenue of $7.06B.
Visa A shares are down 25% from the beginning of the year, still down 15.88% from its 52 week high of $252.61 set on July 27, 2021. They are outperforming the Nasdaq which is down 26.09% from the start of the year.
Visa A shares gained 0.25% 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 missed by Microsoft on Tuesday, who reported EPS of $2.23 on revenue of $51.87B, compared to forecasts EPS of $2.29 on revenue of $52.43B.
Taiwan Semiconductor had beat expectations on July 14 with second quarter EPS of $1.53 on revenue of $17.87B, compared to forecast for EPS of $1.44 on revenue of $17.68B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
