Some of the top companies are scheduled to report earnings today after markets close, and Visa Inc (NYSE: V) is one of them. The credit card giant’s stock traded slightly lower on Tuesday afternoon ahead of the third-quarter report.
Listen to Visa’s Q3 2023 earnings call live and read the real-time transcript
Wall Street is looking for an increase in Visa’s adjusted earnings to $2.12 per share in Q3 from $1.98 per share in the prior-year quarter. Revenue is expected to increase 10.8% year-over-year to $8.06 billion in the June quarter.
In the second quarter, all four operating segments expanded, driving up total revenues to $8.0 billion. Net income, on an adjusted basis, increased 17% annually to $2.09 per share. Unadjusted profit grew in double-digits to $4.3 billion or $2.03 per share.
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion