Sign up to save your podcasts
Or
Share Visa (V) Stock Analysis: Is Visa Stock A Buy?
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Visa (V) Stock Analysis: Is Visa Stock A Buy?
Visa (#V) just announced Q3 earnings and reported pre-pandemic levels of revenue!
The financial services company announced Q3 Non-GAAP EPS of $1.49 (beats by $0.14) and revenue of $6.13B (beats by $270M).
Shares of #Visa made new all time highs of $252 earlier this week, leaving many investors skeptical about buying. But there's a solid argument made for why shares can go higher. Cross-border transaction revenues are still down -$500M from 2019 levels, while total revenues are back to pre-pandemic levels. As travel comes back, revenues should increase, which can easily boost the stock price higher.
View all episodes
By Financial MoversVisa (#V) just announced Q3 earnings and reported pre-pandemic levels of revenue!
The financial services company announced Q3 Non-GAAP EPS of $1.49 (beats by $0.14) and revenue of $6.13B (beats by $270M).
Shares of #Visa made new all time highs of $252 earlier this week, leaving many investors skeptical about buying. But there's a solid argument made for why shares can go higher. Cross-border transaction revenues are still down -$500M from 2019 levels, while total revenues are back to pre-pandemic levels. As travel comes back, revenues should increase, which can easily boost the stock price higher.