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Visa (V) Reports Q4 Earnings: What Key Metrics Have to Say
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Visa (V - Free Report) reported $8.61 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 10.6%. EPS of $2.33 for the same period compares to $1.93 a year ago.
The reported revenue represents a surprise of +0.65% over the Zacks Consensus Estimate of $8.55 billion. With the consensus EPS estimate being $2.23, the EPS surprise was +4.48%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Visa performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
End of Period Connections - Total transactions: 55,963 million versus 55,018.84 million estimated by seven analysts on average.
Total payments volume: $3,196 billion versus the six-analyst average estimate of $3,185.1 billion.
Total volume: $3,824 billion compared to the $3,767.12 billion average estimate based on five analysts.
Payments Volume - Europe: $637 billion compared to the $582.19 billion average estimate based on three analysts.
Cash Volume - Europe: $131 billion compared to the $122.38 billion average estimate based on three analysts.
Cash volume: $628 billion versus the three-analyst average estimate of $574.75 billion.
Cash volume - CEMEA: $119 billion versus the three-analyst average estimate of $100.55 billion.
Revenues- Service revenues: $3.88 billion versus $3.89 billion estimated by 12 analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change.
Revenues- Data processing revenues: $4.26 billion versus $4.20 billion estimated by 12 analysts on average. Compared to the year-ago quarter, this number represents a +13% change.
Revenues- International transaction revenues: $3.17 billion compared to the $3.18 billion average estimate based on 12 analysts. The reported number represents a change of +10.4% year over year.
Revenues- Other revenues: $744 million versus the 12-analyst average estimate of $641.17 million. The reported number represents a year-over-year change of +35%.
Revenues- Client incentives: -$3.44 billion versus the 11-analyst average estimate of -$3.36 billion. The reported number represents a year-over-year change of +20.2%.
Shares of Visa have returned -0.8% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Visa (V) Reports Q4 Earnings: What Key Metrics Have to Say
Visa (V - Free Report) reported $8.61 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 10.6%. EPS of $2.33 for the same period compares to $1.93 a year ago.
The reported revenue represents a surprise of +0.65% over the Zacks Consensus Estimate of $8.55 billion. With the consensus EPS estimate being $2.23, the EPS surprise was +4.48%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Visa performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- End of Period Connections - Total transactions: 55,963 million versus 55,018.84 million estimated by seven analysts on average.
- Total payments volume: $3,196 billion versus the six-analyst average estimate of $3,185.1 billion.
- Total volume: $3,824 billion compared to the $3,767.12 billion average estimate based on five analysts.
- Payments Volume - Europe: $637 billion compared to the $582.19 billion average estimate based on three analysts.
- Cash Volume - Europe: $131 billion compared to the $122.38 billion average estimate based on three analysts.
- Cash volume: $628 billion versus the three-analyst average estimate of $574.75 billion.
- Cash volume - CEMEA: $119 billion versus the three-analyst average estimate of $100.55 billion.
- Revenues- Service revenues: $3.88 billion versus $3.89 billion estimated by 12 analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change.
- Revenues- Data processing revenues: $4.26 billion versus $4.20 billion estimated by 12 analysts on average. Compared to the year-ago quarter, this number represents a +13% change.
- Revenues- International transaction revenues: $3.17 billion compared to the $3.18 billion average estimate based on 12 analysts. The reported number represents a change of +10.4% year over year.
- Revenues- Other revenues: $744 million versus the 12-analyst average estimate of $641.17 million. The reported number represents a year-over-year change of +35%.
- Revenues- Client incentives: -$3.44 billion versus the 11-analyst average estimate of -$3.36 billion. The reported number represents a year-over-year change of +20.2%.
View all Key Company Metrics for Visa here>>>Shares of Visa have returned -0.8% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.