Visa (NYSE:V) reported its Q1 earnings results on Thursday, January 27, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Visa beat estimated earnings by 6.47%, reporting an EPS of $1.81 versus an estimate of $1.7, which did not surprise analysts.
Revenue was up $1.37 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08, which was followed by a 6.92% drop in the share price the next day.
Here's a look at Visa's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.54 | 1.34 | 1.27 | 1.28 |
| EPS Actual | 1.62 | 1.49 | 1.38 | 1.42 |
| Revenue Estimate | 6.53B | 5.85B | 5.55B | 5.53B |
| Revenue Actual | 6.56B | 6.13B | 5.73B | 5.69B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
