In its fiscal 2023 second quarter (ended March 31), (NYSE: V) posted revenue of $8 billion and diluted earnings per share (EPS) of $2.03, both of which exceeded Wall Street analyst estimates.
Moreover, both of these headline figures represented double-digit-percentage gains from a year ago. The signs point to this card payment giant performing extremely well on a fundamental level.
The strong momentum has helped drive Visa's shares up 19% over the past 12 months, roughly in line with the broader S 500 index. But what could the next year look like for this top financial stock? Here's what investors need to know as we look ahead.
Source Fool.com