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

Netflix (NFLX): Four reasons why this leader will not be easy to overthrow

Netflix (NASDAQ: NFLX) has for long been the undisputed king of the streaming space. The streaming industry is seeing massive growth with several new players entering the field. It also

Fastenal (FAST) sees strong post-COVID prospects: Is the stock a buy?

The demand for services that involve minimal human interaction is on the rise as people continue to practice social distancing. Fastenal Co. (NASDAQ: FAST), a market-leading supplier of vending machines,

HEXO Corp. (HEXO) Earnings: 3Q21 Key Numbers

HEXO Corp. (NYSE: HEXO) reported its third-quarter 2021 earnings results today. Net revenue rose 2% year-over-year to CAD22.6 million. Net loss narrowed to CAD20.7 million from a loss of CAD19.5

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top