|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's range||227.25 - 232.84|
|52-week range||174.60 - 250.58|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||33.06|
|Earnings date||24 Apr 2023 - 28 Apr 2023|
|Forward dividend & yield||1.80 (0.80%)|
|Ex-dividend date||09 Nov 2022|
|1y target est||254.95|
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.
Credit card major Visa, Mastercard, and American Express all reported earnings this week that suggested consumers remain resilient amid growing fears of recession. Not all economists agree.
The probe, which began in early 2021, followed reports the United States was investigating whether the credit card company uses anticompetitive practices in the debit card market. The Justice Department has previously investigated the credit card payments industry but settled with Visa and Mastercard Inc in 2010 when they agreed to allow merchants to offer consumers incentives to use a low-cost credit card. Visa's regulatory filing late on Friday also said that the European Commission had informed the company in December that it had opened a preliminary investigation into its incentive agreements with clients.