Visa A Reports Second Quarter EPS and Revenue Beat

Visa A (NYSE: V) reported better-than-expected second quarter earnings per share (EPS) of $2.51, exceeding analyst estimates by $0.07. The company’s revenue for the quarter came in at $8.78 billion, surpassing the consensus estimate of $8.62 billion. The stock price closed at $274.13, reflecting a 2.31% gain over the past three months and a 17.77% increase over the past year.

Visa Exceeds Q2 Earnings and Revenue Estimates

Visa A (NYSE: V) exceeded earnings and revenue estimates for the second quarter of 2023. The company reported earnings per share (EPS) of $2.51, surpassing the analyst consensus of $2.44. Revenue came in at $8.78 billion, higher than the estimated $8.62 billion.

In the past three months, Visa A’s stock has increased by 2.31%, while it has experienced a 17.77% rise over the past year. The company’s financial health has been assessed as “great performance” by InvestingPro.

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