Visa Inc. V

$V we know that it’s going to be GREAT but breaking record? Below is the summary…

Visa Inc. topped $7 billion in quarterly revenue for the first time, buoyed by a quicker-than-expected resumption in travel spending and sustained growth in categories like e-commerce that had been strong throughout the pandemic.

The company generated fiscal first-quarter net income of $4.0 billion, or $1.83 a share, up from $3.1 billion, or $1.42 a share, a year earlier. On an adjusted basis, Visa V, +0.14% earned $1.81 a share. Analysts tracked by FactSet were expecting $1.70 in both GAAP and adjusted earnings per share.

Visa’s revenue rose to $7.06 billion from $5.69 billion, while the FactSet consensus was for $6.79 billion. Analysts surveyed by FactSet weren’t expecting Visa to cross the $7 billion revenue mark until the June quarter.

$V here comes holidays buying transactions.

$CAKE ?
Price Target ?
According to analysts' consensus price target of $50.35, Cheesecake Factory has a forecasted upside of 41.7% from its current price of $35.52.

$V holidays earning next week

$V next earning report: 15 days

People starts to realize that $V is a 24/7 money making machine that defers all default risks to the banks. Can’t wait for next earning with holiday transaction fees.

Very low volume activity today

Have jan 21 220 calls. Hope this moves more

$V 24/7 money making machine with all default risks deferred to banks. Can’t wait for next earning report.

My favorite thing to put