Visa: Q4 Earnings Insights

Shares of Visa 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

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.visa.com%2F&eventid=2628466&sessionid=1&key=49FCA5A8F18061E38ED4E13346153459&regTag=&sourcepage=register

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.