|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's range||373.38 - 380.52|
|52-week range||276.87 - 399.92|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||37.37|
|Earnings date||26 Apr 2023 - 01 May 2023|
|Forward dividend & yield||2.28 (0.60%)|
|Ex-dividend date||06 Jan 2023|
|1y target est||414.98|
Bob Napoli, William Blair Co-Group Head of Financial Services and Technology, joins Yahoo Finance Live with his insights on what credit card companies' earnings may tell us about a possible recession.
Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a boost, Wall Street analysts said, as the pace of growth in other parts of the world eases from a post-pandemic boom. Executives at the payments companies on Thursday pointed to further room for travel recovery in China, which earlier this month reopened its borders after dropping its stringent COVID-19 control measures. After splurging on vacations for most of last year, consumers have started cutting down on discretionary expenses as the Federal Reserve aggressively tightened monetary policy, raising fears of a recession and prompting massive layoffs.
Visa's (V) fiscal first-quarter 2023 results reflect increased payments volume, processed transactions and cross-border volume, partly offset by elevated personnel expenses.