Categories AlphaGraphs, Earnings, Finance

Infographic: Visa (V) tops estimates in Q4

Visa Inc (NYSE: V) reported fourth-quarter 2020 financial results after the closing bell on Wednesday. The payment services company reported a 17% decline in Q4 revenues to $5.1 billion but surpassed the Wall Street consensus. Earnings of $1.12 per share were also better than what analysts had anticipated.

Visa shares gained 1% immediately following the announcement. The stock has lost 5% of its value since the beginning of this year.

Visa Q4 2020 earnings

Looking forward to listening to management/ analyst comments on Q4 results? Stay tuned here for Visa Q4 2020 earnings call transcript

CEO Alfred F. Kelly said, “As the world turns increasingly to digital payments, we see tremendous opportunity for growth. We’ll remain thoughtful in our investments as we advance our strategy to enable the movement of money for everyone, everywhere.”

Prior performance

Most Popular

Microsoft (MSFT) Q2 revenue up 20%, earnings beat estimates

Software giant Microsoft Corp. (NASDAQ: MSFT) on Tuesday reported higher revenues and earnings for the second quarter of 2022. The results also topped expectations. At $51.7 billion, second-quarter revenues were

NFLX Stock: What the slowdown in subscriber growth means for Netflix

When online platforms thrived on the unusually strong traffic growth during the shutdown, as home-bound people turned to video-streaming and gaming sites, there was speculation that the trend might reverse

FAST Stock: Fastenal’s long-term prospects intact. Should you invest now?

Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ:

Add Comment
Viewing Highlight