The Biggest Number From Visa's Latest Quarter: 62%
's (NYSE: V) reported net revenue of $8.1 billion and diluted earnings per share of $2 in its most recent three-month period (Q3 2023 ended June 30). Both of these headline figures were up double digits year over year. This is a usual occurrence for this huge card payments network, and investors have grown accustomed to it, regardless of the economic climate.
But I don't believe those metrics tell the entire story for this top financial stock. Here's why the biggest number from Visa's earnings report was 62% -- its operating margin for the latest quarter.
That 62% figure is a perfect indicator of just how successful Visa has become. Investors would be challenged to find a company that's more profitable.
Source Fool.com
Visa Inc. A Aktie
257,55 €
-0,29 %
Die Visa Inc. A Aktie ist ein klarer Community-Favorit: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Mit einem Kursziel von 280 € für Visa Inc. A ist ein leichter Anstieg gegenüber dem aktuellen Kurs von 257.55 € zu erwarten.
