Investing.com - Qurate Retail A reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Qurate Retail A announced earnings per share of $0.53 on revenue of $3.42B. Analysts polled by Investing.com anticipated EPS of $0.44 on revenue of $3.21B.
Qurate Retail A shares are up 37.01% from the beginning of the year and are trading at $11.55 , down-from-52-week-high.They are outperforming the Nasdaq which is up 22.24% from the start of the year.
Qurate Retail A follows other major Services sector earnings this month
Qurate Retail A's report follows an earnings beat by Amazon.com on July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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