Is Visa Worth Buying Now?

Simple Joe
2022-11-02

$Visa(V)$Over the past month, shares of this global payments processor have returned +14%, compared to the Zacks S&P 500 composite's +8.1% change. During this period, the Zacks Financial Transaction Services industry, which Visa falls in, has gained 13.9%.

Visa is expected to post earnings of $2 per share, indicating a change of +10.5% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.4% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $9.65 indicates a change of +15.7% from what Visa is expected to report a year ago. Over the past month, the estimate has changed -2.6%.

Visa reported revenues of $7.79 billion in the last reported quarter, representing a year-over-year change of +18.7%. EPS of $1.93 for the same period compares with $1.62 a year ago.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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