Visa (V) Stock Analysis: Buy V Shares After Earnings Beat?


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Visa (#V) reported FQ1 earnings this evening and beat analyst expectations! The company announced Non-GAAP EPS of $1.42 (beat by $0.14), and revenue of $5.7B (beat by $180M).


Revenues at #Visa were down -5.8% Y/Y because of a decrease in cross-border payments, but those should pick back up once travel picks back up. Visa is currently trading at $198 and is down from its all time high of $218. Should investors buy the current dip in preparation for future growth?


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Thank you to the Visa website for the photo of President