Visa: Q1 Earnings Insights

Shares of Visa V rose in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 2.74% year over year to $1.42, which beat the estimate of $1.28.

Revenue of $5,687,000,000 decreased by 6.06% from the same period last year, which beat the estimate of $5,530,000,000.

Outlook

Visa hasn't issued any earnings guidance for the time being.

Visa hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Jan 28, 2021

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=2948597&sessionid=1&key=8355A046AB1340214061C3C9AF336BFD&regTag=&V2=false&sourcepage=register

Recent Stock Performance

52-week high: $220.39

52-week low: $133.93

Price action over last quarter: Up 7.22%

Company Description

Visa is the largest payment processor in the world. In fiscal 2020, 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.