Visa Reports Strong Second Quarter Earnings and Revenue
Visa A (NYSE: V) has announced its financial results for the second quarter of 2023, surpassing both earnings and revenue estimates. The company reported an EPS of $2.51, exceeding the analyst consensus of $2.44. Revenue for the quarter reached $8.78 billion, higher than the estimated $8.62 billion.
In recent months, Visa A’s stock has shown positive momentum with a 2.31% increase over the past three months and a significant 17.77% growth over the past year. Analysts have provided 21 upward revisions to the company’s EPS estimates within the last 90 days, indicating optimism about its future performance.
Visa A’s strong financial performance is evident in its recent earnings reports and positive EPS revisions. The company’s financial health has been rated as “great performance” by InvestingPro, further solidifying its financial stability.
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