Investing.com - QIWI reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
QIWI announced earnings per share of 0.58 on revenue of 83.6M. Analysts polled by Investing.com anticipated EPS of 32.18 on revenue of 5.11B.
QIWI shares are down 5.34% from the beginning of the year and are trading at 9.75 , down-from-52-week-high.They are under-performing the Nasdaq which is up 12.71% from the start of the year.
QIWI follows other major Services sector earnings this month
QIWI's report follows an earnings beat by Amazon.com on July 29, who reported EPS of 15.12 on revenue of 113.08B, compared to forecasts EPS of 12.23 on revenue of 115.42B.
Visa A had beat expectations on July 27 with third quarter EPS of 1.49 on revenue of 6.13B, compared to forecast for EPS of 1.34 on revenue of 5.86B.
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