Investing.com - QIWI reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
QIWI announced earnings per share of руб.0.64 on revenue of руб.97.8M. Analysts polled by Investing.com anticipated EPS of руб.0.33 on revenue of руб.5,184M.
QIWI shares are up 3.25% from the beginning of the year and are trading at руб.20.37 , down-from-52-week-high.They are under-performing the Nasdaq which is up 24.95% from the start of the year.
QIWI shares gained 1.90% in pre-market trade the report.
QIWI follows other major Services sector earnings this month
QIWI's report follows an earnings beat by Amazon.com on July 30, who reported EPS of руб.10.3 on revenue of руб.88.91B, compared to forecasts EPS of руб.1.48 on revenue of руб.81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of руб.1.06 on revenue of руб.4.84B, compared to forecast for EPS of руб.1.03 on revenue of руб.4.82B.
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