Visa Inc. (V) is currently priced at $312.82, showing a price increase of $3.17 (1.02%) from the previous close of $309.65. The trading volume of $1.90 million is 25.35% higher than the average.
In the latest quarterly earnings call on Monday, April 27th, Visa Inc. reported an earnings per share (EPS) of $3.09, meeting consensus estimates.
Visa Inc. offers a forward dividend yield of 0.857%. The company distributed a dividend per share of 67 cents in the most recent quarter, marking a year-over-year increase of 13.4884 cents.
The company generated a free cash flow of $6.40 billion. Notable cash activities include stock repurchases of -$3.73 billion and a net cash decrease of $-1.81 billion.
Visa Inc. recorded revenues of $10.90 billion, with a gross profit of $8.90 billion. The company reported a net income of $5.85 billion, translating to earnings per share (EPS) of $3.03.
Key financial metrics for Visa Inc. show a net profit margin of 53.69%, return on equity of 15.09%, and a price to earnings ratio of 28.66.
Visa Inc. boasts total assets of $96.81 billion, with total liabilities amounting to $58 billion. The company holds $14.76 billion in cash and cash equivalents.
This financial report reflects Visa Inc.'s robust financial performance and strategic positioning amidst market fluctuations.
Visa Inc. operates as a payments technology company worldwide. The company facilitates digital payments among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. In addition, the company offers card products, platforms, and value-added services. It provides its services under the Visa, Visa Electron, Interlink, VPAY, and PLUS brands. Visa Inc. has a strategic agreement with Ooredoo to provide an enhanced payment experience for Visa cardholders and Ooredoo customers in Qatar. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.