Visa Inc - Class A logo

V

Visa Inc - Class A

$215.17

Earnings Summary

Revenue
$7275Mn
Net Profits
$3411Mn
Net Profit Margins
46.89%
PE Ratio
35.47

Highlights

Revenue:

Visa Inc - Class A’s revenue jumped 18.68% since last year same period to $7275Mn in the Q2 2022. On a quarterly growth basis, Visa Inc - Class A has generated 1.2% jump in its revenue since last 3-months.

Net Profits:

Visa Inc - Class A’s net profit jumped 32.47% since last year same period to $3411Mn in the Q2 2022. On a quarterly growth basis, Visa Inc - Class A has generated -6.47% fall in its net profits since last 3-months.

Net Profit Margins:

Visa Inc - Class A’s net profit margin jumped 11.62% since last year same period to 46.89% in the Q2 2022. On a quarterly growth basis, Visa Inc - Class A has generated -7.58% fall in its net profit margins since last 3-months.

PE Ratio:

Visa Inc - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 35.47.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Visa Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
1.82
EPS Estimate Current Year
1.82

Highlights

EPS Estimate Current Quarter:

Visa Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 1.82 - a 4% jump from last quarter’s estimates.

EPS Estimate Current Year:

Visa Inc - Class A’s earning per share (EPS) estimates for the current year stand at 1.82.

Key Ratios

Key ratios of the Visa Inc - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
1.98
Return on Assets (ROA)
0.13
Return on Equity (ROE)
0.36
Dividend Per Share (DPS)
1.39

Highlights

Earning Per Share (EPS):

Visa Inc - Class A’s earning per share (EPS) jumped 32.89% since last year same period to 1.98 in the Q2 2022. This indicates that the Visa Inc - Class A has generated 32.89% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Visa Inc - Class A’s return on assets (ROA) stands at 0.13.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Visa Inc - Class A’s return on equity (ROE) stands at 0.36.

Dividend Per Share (DPS):

Visa Inc - Class A declared 1.39 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-28
1.65
1.79
8.48%
2022-07-28
1.75
1.98
13.14%

Company Information

Founded in Foster City, California, by Dee Hock, this American multinational specialises in global payments technology. Its primary aim is to promote digital currencies among consumers, businesses, banks, and governments. Having built its network across 200 countries and territories worldwide, it is a global leader in digital payments. The company offers three different types of cards: Debit cards, Credit cards, and Prepaid cards. It also partnered with Apple in 2014 to introduce a wallet feature to iPhones. The company has various products, such as Visa Electron, Visa Cash, Visa Contactless, mVisa, and VisaCheckout. The company trades on the New York Stock Exchange under the symbol V.. In 1958, the company began a journey with Bank of America cards and expanded internationally by 1974. This was also the time it introduced the debit card. Later, it merged with regional businesses worldwide, namely Visa Canada, Visa International, and Visa USA, and all formed the publicly traded company, Visa Inc. The company's initial public offering in 2008 was one of the largest in the history of the USA. In 2015, the number of transactions reached 100 billion. It even acquired Visa Europe in 2016, creating itself a single global company. There are currently 3.6 billion Visa cards on the market with 206 billion payments transactions and more than 70 million merchant locations worldwide. As of 2020, the company had over 20,500 employees and annual revenue of around $21,000 million. The company operates transactions through four highly secure centres in Ashburn, Highlands Ranch, London, and Singapore. In 2021, the company also entered the cryptocurrency market and partnered with First Boulevard. In essence, it is a neobank designed to build generational wealth for the black community. The company also announced the acceptance of the coin USDC on its network. It aims to create a cross-border payments platform in India and is currently seeking the government's approval. Currently Visa Inc - Class A has a market cap of $470.55 Billion. It has a P.E ratio of 32.41. The shares of Visa Inc - Class A are trading at $206.11. .

Organisation
Visa Inc - Class A
Headquarters
San Francisco, California, US
Employees
20.5K
Industry
Finance/Rental/Leasing
CEO
Alfred Kelly