Global payments technology behemoth Visa (NYSE:V) has advanced only 2% so far in 2024. By comparison, the S&P 500 index has rallied 20%. Similarly, the Dow Jones Industrial Average that Visa stock is a member has gone up 15% year-to-date. Visa stock hit an all-time high on March 21 and closed at $290.96. Now, it is trading around $265, a decline of close to 9%.Many of our readers will know that Visa dominates the payments industry stateside and worldwide. Among the four leading U.S. credit card processors, ...

2BanVisa Q3 Earnings Preview Visa (NYSE:V) is about to report its third quarter earnings for fiscal year 2024 next week, and by the looks of it, the market is prepared for yet another uneventful quarter and results that are mostly in-line with estimates. Although this appears to be the most likely scenario, investors should be aware of the risks ahead and why the stock's response is likely to be muted even in the case of better-than-expected quarter. After a spectacular performance for Visa in calendar ...

Visa Inc. (V) is set to report third-quarter fiscal 2024 results on Jul 23, 2024, after the closing bell. Growing Gross Dollar Volume, transactions and payment volumes are expected to have supported its performance.The Zacks Consensus Estimate for fiscal third-quarter earnings is currently pegged at $2.41 per share, implying solid growth of 11.6% from the year-ago reported number. The estimate remained stable over the past week. The Zacks Consensus Estimate for fiscal third-quarter revenues is currently peg ...

Legendary value investor Warren Buffett (Trades, Portfolio), also known as the Oracle of Omaha, once said, "Our favorite holding period is forever."The investment thesis on Visa Inc. (V, Financial), the largest credit card operator on the planet, could not align more with this philosophy. The company's business model revolves around steady, quasi-recurring revenue supported by an extensive global network of cardholders and merchants.Over the years, Visa has consistently delivered impressive returns to its s ...

FinkAvenueVisa (NYSE:V) is one of the most recognizable brands in the world, processing nearly $15 trillion in payments annually, or almost 15% of global GDP. The company's rise has been overlooked by many investors, despite it being right under their noses, with the stock up more than 17x since its IPO. Looking at the company today, Visa's future performance will be determined by drivers that are different from the ones that made the company what it is today, namely, Value Added Services, and New Flows ...

Global payments giant Visa (NYSE: V) has recently demonstrated resilient double-digit growth and is poised to sustain this momentum. Despite a modest revenue slowdown in the past year, Visa’s recent results have reignited investor confidence. Visa is set to announce its fiscal third-quarter earnings for 2024 after the market closes on Tuesday, July 23. Analysts expect the company to report a profit of $2.41 per share, up 11.6% from $2.16 per share in the year-ago quarter. Notably, the company has consistent ...

Visa (V) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 23. On the other ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Visa (V) , which belongs to the Zacks Financial Transaction Services industry.This global payments processor has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 3.36%.For the most recent quarter, Visa was expected to post earnings of $ ...

onebluelight/iStock Unreleased via Getty Images I've not written to you about Visa Inc. (NYSE:V) previously, but the stock has been a long-term mainstay in my portfolio. Recent events and softer share prices prompted me to share my current analysis. In addition, within the last week I noted two Seeking Alpha neutral / negative articles about Visa. These further spurred me to think about the stock. Those articles are found here and here. You may wish to reference these alternative viewpoints. Background ...

Core Insights - Visa Inc. has partnered with HSBC to develop the international payments app Zing, which allows users to hold funds in 10 currencies, send money in over 30 currencies, and transact in 200 countries and territories globally [1] - The integration of Currencycloud and Tink into the Zing platform is expected to enhance Visa's cross-border solutions and value-added services, leading to improved revenue [1][2] - Zing aims to provide low-cost currency exchange, instant collections, person-to-person payments, and real-time exchange rates, which could increase transaction volumes for Visa [2] Company Performance - Visa's shares have increased by 11.5% over the past year, outperforming the industry growth of 9.8% [3] Market Position - Visa currently holds a Zacks Rank of 4 (Sell), while competitors like Global Payments Inc. and Fiserv, Inc. have better rankings of 2 (Buy) [4] - The consensus estimate for Global Payments' 2024 earnings is $11.64 per share, indicating an 11.7% year-over-year growth, with revenues expected to reach nearly $9.2 billion, a 6.4% increase from the previous year [4] - Fiserv's 2024 earnings estimate is $8.69 per share, suggesting a 15.6% year-over-year growth, with revenues projected at $19.3 billion, reflecting a 7.2% increase from the prior year [5]