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Shares of Visa (NYSE:V) rose 0.9% after the company reported Q4 results.
Quarterly Results
Earnings per share were down 23.81% over the past year to $1.12, which beat the estimate of $1.10.
Revenue of $5,101,000,000 decreased by 16.88% year over year, which beat the estimate of $5,000,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Visa hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Oct 28, 2020
Time: 05:00 PM
Recent Stock Performance
52-week high: $217.35
Company's 52-week low was at $133.93
Price action over last quarter: down 9.12%
Company Overview
Visa is the largest payment processor in the world. In fiscal 2019, it processed almost $9 trillion in purchase transactions. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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