Visa Inc. ($V) Earnings (Q2 FY22)

 Visa Inc. ($V) Earnings and Opinion:


Visa is a company in the Financial Services sector and operates in the Credit Services industry. The company is a payments technology company worldwide. Visa was founded in 1958 and is currently headquartered in San Francisco, California. The company first started trading on the stock market in 2008. 

Visa EPS and Revenue (Q2 FY22):

  • EPS of $1.79 beating expectations of $1.65
    • Revenue of $7.19B beating expectations of $6.82B
    Visa Q2 Financial Highlights:
    • Revenues were up 25% (YOY)
    • EPS were up 30% (YOY)
    • Net Income of $3.8B, up 27% (YOY)
    • Payments volume was up 17%
    • Processed transactions was up 19%
    Opinion:
    Visa saw positive sentiment from investors after reporting a solid earnings report for the second quarter. It seems the events happening around the world are not making a huge impact on this company. Viewing this earnings report, I see nothing but solid growth from a company that has started facing some severe competition with DeFi and other online payment transaction companies. This company does a solid job of staying the course of their business and continues to excel in many categories. They seem to be expanding what they have to offer and are trying to keep up with the growing online payment industry. With Visa having a stronghold on this industry, it is no surprise that this company has been able to grow at these rates. The main things that stood out for the company were the increased volume of processed transactions and payments. We can also add in the fact that they were able to have double-digit growth in both the revenue and net income areas. The dividend they pay is something pretty slight, but that is not a totally bad sign for investors. The company is going the extra mile to start new things and explore in different regions of the world. They have a lot of little subsidiaries starting up and are exploring with them to expand the business and make it the best. As the company strives to become one of the best with payments and transactions, investors can't help but be pleased with what is currently going on internally. Personally, I really like this stock. I want to see the momentum carry on as the economy continues to struggle. Visa seems like a stronghold and a stock that has upside in its future. The risk is at a low level, so if you want to get into this industry, this is a solid play for you.


    *Information from Yahoo Finance, Visa, Google
    *Estimates from Zacks

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