Investing.com - Visa (NYSE:V) A reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Visa A announced earnings per share of $1.79 on revenue of $7.19B. Analysts polled by Investing.com anticipated EPS of $1.65 on revenue of $6.84B.
Visa A shares are down 7% from the beginning of the year and are trading at $210.00 , down-from-52-week-high.They are outperforming the Dow Jones which is down 8.53% from the start of the year.
Visa A shares gained 4.43% 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 Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on Thursday, April 14, 2022 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
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