Investing.com - Visa (NYSE:V) A reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Visa A announced earnings per share of $1.12 on revenue of $5.10B. Analysts polled by Investing.com anticipated EPS of $1.09 on revenue of $5B.
Visa A shares are down 3% from the beginning of the year and are trading at $183.50 , down-from-52-week-high.They are outperforming the Dow Jones which is down 7.07% from the start of the year.
Visa A shares gained 1.19% in after-hours trade the report.
Visa A follows other major Services sector earnings this month
Visa A's report follows an earnings beat by Verizon on Wednesday, October 21, 2020, who reported EPS of $1.25 on revenue of $31.5B, compared to forecasts EPS of $1.22 on revenue of $31.59B.
Netflix had missed expectations on Tuesday, October 20, 2020 with third quarter EPS of $1.74 on revenue of $6.44B, compared to forecast for EPS of $2.13 on revenue of $6.39B.
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