Investing.com - QIWI reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
QIWI announced earnings per share of 40.32 on revenue of 6.24B. Analysts polled by Investing.com anticipated EPS of 45.98 on revenue of 6.41B.
QIWI shares are up 1.65% from the beginning of the year and are trading at 10.47 , down-from-52-week-high.They are outperforming the Nasdaq which is up 0.95% from the start of the year.
QIWI shares gained 0.67% in intra-day trade the report.
QIWI follows other major Services sector earnings this month
QIWI's report follows an earnings missed by Duluth Holdings Inc on March 18, who reported EPS of 0.67 on revenue of 255.96M, compared to forecasts EPS of 0.7233 on revenue of 274.07M.
Pinduoduo had beat expectations on March 17 with first quarter EPS of -0.15 on revenue of 26.55B, compared to forecast for EPS of -0.2543 on revenue of 19.12B.
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