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FX.co ★ Visa A: Earnings, earnings beat forecasts in Q2

Visa A: Earnings, earnings beat forecasts in Q2

Visa A: Earnings, earnings beat forecasts in Q2

\The company posted earnings per share of $1.79 on earnings of $7.19B. Analysts assumed earnings per share of $1.65 and total revenue of $6.84B in their forecasts.

Shares of Visa A rose 4.43% to trade at $210.00 after the market closed, according to the report.

This year, Visa A's share price, down 10%, has performed worse-than-average on the S&P Global 100 Index, down 7% year-to-date.

Visa A follows the general trend of IT companies this month

On Tuesday, Microsoft reported third-quarter earnings of $2.22, earnings of $49.36B, compared to earnings-per-share forecasts of $2.19 on total revenue of $49.01B

Taiwan Semiconductor earnings beat analysts' expectations on April 14 in the first quarter, quarterly earnings per share of $1.35 on total earnings of $16.94B Investing.com analysts previously predicted earnings per share of $1.27 on total earnings of 16.73B $.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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