|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's range||373.38 - 380.52|
|52-week range||276.87 - 399.92|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||37.37|
|Earnings date||26 Apr 2023 - 01 May 2023|
|Forward dividend & yield||2.28 (0.60%)|
|Ex-dividend date||06 Jan 2023|
|1y target est||414.98|
Bob Napoli, William Blair Co-Group Head of Financial Services and Technology, joins Yahoo Finance Live with his insights on what credit card companies' earnings may tell us about a possible recession.
Credit card major Visa, Mastercard, and American Express all reported earnings this week that suggested consumers remain resilient amid growing fears of recession. Not all economists agree.
Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a boost, Wall Street analysts said, as the pace of growth in other parts of the world eases from a post-pandemic boom. Executives at the payments companies on Thursday pointed to further room for travel recovery in China, which earlier this month reopened its borders after dropping its stringent COVID-19 control measures. After splurging on vacations for most of last year, consumers have started cutting down on discretionary expenses as the Federal Reserve aggressively tightened monetary policy, raising fears of a recession and prompting massive layoffs.