π Visa A's Earnings: A Mixed Bag π¨π₯
Kia ora Tiger traders,
Visa (NYSE: V) just dropped its third-quarter earnings, and it's a tale of two stories! The EPS hit the bullseye at $2.42, matching analyst expectations. π― However, revenue took a tiny stumble, landing at $8.9B versus the forecasted $8.92B. π
π Stock Performance Snapshot
- Closing Price: $264.79 π΅
- 3-Month Change
: -3.54% π¨
- 12-Month Change:+9.99% π
π Earnings Revisions
- Positive EPS Revisions: 1 π
- Negative EPS Revisions: 21 π (last 90 days)
Visaβs stock took a bit of a tumble in post-market trading, sliding -2.72%. But hey, long-term traders, don't fret! Over the past year, it has soared nearly 10%! π
π Fun Facts & Historical Insights
- Did You Know? Visa was originally founded in 1958 as BankAmericard by Bank of America. It was the first credit card system to offer widespread credit to consumers. π³β¨
- Historical Quote: "It takes money to make money," which definitely rings true as Visa navigates its earnings landscape. π°π‘
π Analyst Insights
Analysts are buzzing with mixed reviews on Visa's future. The blend of positive and negative earnings revisions keeps everyone on their toes! Keep your eyes peeled for the next moves in the financial world. ππ
ποΈ Stay Informed
For the freshest updates and detailed financials, dive into Visa's performance and earnings reactions. Don't miss out on other key earnings reports; visit Investing.com's earnings calendar for all the latest scoops. π°π
Happy Visa trading ahead! Cheers, BC π
@TigerStars @Tiger_comments @TigerOptions @Daily_Discussion @CaptainTiger @TigerPM @TigerPicks @Tiger_Earnings
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in line EPS and a miss on revenue. but the revenue was still a 10% yoy increase. This is still a wonderful company. Sellers are not rational.
Everyone should have realized this stock would tank - especially after AMEZ fell on Friday morning. Live and learn, Baggies.
Just sold my long shares. I think this goes to $200.
I expect visa to lower guidance and test 250
Who is selling at this price? I'm picking up more for sure.