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17.08.2019 18:10:00

Visa Doubles Down on Fintech

When Visa (NYSE: V) reported its third-quarter results last month, investors were looking to see if problems from the company's first two fiscal quarters of the year -- specifically, low cross-border payment growth -- would persist. Investors need not have worried. The conference call painted a picture of a management team that understood the challenges it faced and was taking decisive action to address them.The headline numbers certainly appeared fine. Revenue rose to $5.8 billion, an 11% increase year over year, and adjusted earnings per share grew to $1.37, a 14% increase over last year's third quarter.The double-digit revenue and earnings growth was driven by a 12% increase in processed transactions and a 5% rise in payment volume. While the latter was a bit tepid, it actually represented acceleration over the previous quarter's 3% growth.Continue reading
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Basiswert Valor Fälligkeitstag Maximale Rendite p.a.
Bank of America Corp. / Citigroup Inc. / Visa Inc. 33875067 19.08.2020 9.98 %

Analysen zu Visa Inc.mehr Analysen

24.07.19 Visa Outperform Credit Suisse Group
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19.07.19 Visa overweight Barclays Capital
25.10.18 Visa overweight JP Morgan Chase & Co.
28.09.18 Visa Outperform BMO Capital Markets

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Visa Inc. 170.94 -0.04% Visa Inc.

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