Visa A Earnings, Revenue beat in Q2 By 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 $1.38 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 and are trading at $234.20 , down-from-52-week-high.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 the report.

Visa A follows other major Services sector earnings this month

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