|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||218.50 - 231.82|
|52-week range||165.00 - 252.66|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||38.43|
|Earnings date||26 Jan 2022 - 31 Jan 2022|
|Forward dividend & yield||1.28 (0.58%)|
|Ex-dividend date||12 Aug 2021|
|1y target est||N/A|
Antitrust investigators are looking into the financial incentives that Visa gave Square Inc, Stripe Inc and Paypal Holdings Inc, the report said, citing people familiar with the matter. Visa, which reported its quarterly results on Tuesday, declined to comment.
Shares of Mastercard (NYSE: MA) had fallen more than 6% as of 12:07 p.m. EDT today after the company's rival Visa (NYSE: V) reported earnings yesterday. For the fourth fiscal quarter of the year, Visa reported earnings per share of $1.65 on total revenue of $6.6 billion. Payments volume at Visa grew 17% from the fourth fiscal quarter of 2020, while cross-border payments volume jumped 38% on a year-over-year basis.
Shares of credit card giant Visa (NYSE: V) had dropped 4.5% as of 10:40 a.m. EDT Wednesday despite the company beating earnings in its fiscal fourth-quarter 2021 earnings report released last night. Heading into Q4, analysts had forecast that Visa would earn $1.54 per share on revenue of $6.5 billion. As it turned out, Visa "beat" on both the top and bottom lines, reporting adjusted profit of $1.62 per share on sales of $6.6 billion --and when calculated according to generally accepted accounting principles (GAAP), profit of $1.65 per share -- but that wasn't good enough for investors.