Investing.com - QIWI reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
QIWI announced earnings per share of 43.32 on revenue of 6.42B. Analysts polled by Investing.com anticipated EPS of 34.91 on revenue of 6.08B.
QIWI shares are down 17.48% from the beginning of the year, still down 44.41% from its 52 week high of 15.29 set on November 23, 2020. They are under-performing the Nasdaq which is up 21.79% from the start of the year.
QIWI shares gained 10.10% in intra-day trade following the report.
QIWI follows other major Information Technology sector earnings this month
QIWI's report follows an earnings matched by Apple on October 28, who reported EPS of 1.24 on revenue of 83.36B, compared to forecasts EPS of 1.24 on revenue of 85.05B.
Microsoft had beat expectations on October 26 with first quarter EPS of 2.27 on revenue of 45.32B, compared to forecast for EPS of 2.08 on revenue of 44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar