Investing.com - Qurate Retail A reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.42 on revenue of $3.09B. Analysts polled by Investing.com anticipated EPS of $0.34 on revenue of $3.26B. That compared to EPS of $0.3 on revenue of $3.23B in the same period a year earlier. The company had reported EPS of $0.61 on revenue of $4.38B in the previous quarter.
Qurate Retail A shares lost 3.61% to trade at $16.00 in after-hours trade following the report.
Qurate Retail A follows other major Services sector earnings this month
On April 25, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.68B.
Visa A earnings Beat analysts' expectations on April 24, with second quarter EPS of $1.31 on revenue of $5.49B. Investing.com analysts expected EPS of $1.24 on revenue of $5.46B
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