Visa Q3 Adj $2.16 Beats $2.11 Estimate, Sales $8.12B Beat $8.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
Visa (NYSE:V) reported Q3 earnings of $2.16 per share, beating the analyst consensus estimate of $2.11 by 2.37%. This is a 9.09% increase from the same period last year. The company also reported quarterly sales of $8.12 billion, beating the analyst consensus estimate of $8.06 billion by 0.78%. This is an 11.66% increase from the same period last year.
July 25, 2023 | 8:08 pm
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POSITIVE IMPACT
Visa's Q3 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Visa's earnings and sales for Q3 have surpassed analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The year-over-year growth in earnings and sales also indicates a strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100