Company News: Visa (V) quarterly earnings beat analysts’ estimate

Market news

29 July 2020

Company News: Visa (V) quarterly earnings beat analysts’ estimate

Visa (V) reported Q2 FY 2020 earnings of $1.07 per share (versus $1.37 per share in Q2 FY 2019), beating analysts’ consensus estimate of $1.04 per share.

The company’s quarterly revenues amounted to $4.837 bln (-18.6% y/y), generally in line with analysts’ consensus estimate of $4.847 bln.

V fell to $194.00 (-1.39%) in pre-market trading.

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