Visa (V) reported fiscal second-quarter results that beat analysts' expectations and announced a $30 billion stock buyback program.
Ccross-border volume and processed transactions rose 13% and 9%, respectively. Those healthy trends drove the company's overall revenue growth, Chief Executive Ryan McInerney said.
Visa (V) is on deck to report earnings after the close. Caroline Woods talks about how the credit card company will highlight consumer spending trends.
Visa is a high-quality, long-term buy despite a forward P/E of nearly 30x, with potential for solid upside over the next 12–24 months. Economic uncertainty and potential tariffs may limit near-term upside, but Visa's strong consumer spending and robust financials support long-term growth. Recent acquisitions of Featurespace and Pismo expected to minimally impact upcoming earnings; Q2 EPS forecasted between $2.70-$2.78 and revenue above $9.6 billion.
V's fiscal second-quarter earnings are likely to have benefited from growth in processed transactions and payment volumes.
Besides Wall Street's top -and-bottom-line estimates for Visa (V), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
Visa (V) closed the most recent trading day at $334.27, moving +0.87% from the previous trading session.
Visa (V) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Visa (V) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Visa (V) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
V is well-positioned for growth, supported by the global shift away from cash toward digital payments.
Visa is reportedly joining the Global Dollar Network (USDG) stablecoin consortium. The company will become the first traditional finance player to join the consortium that shares out yield to participants that create connectivity and liquidity, CoinDesk reported Monday (April 14), citing unnamed sources.