Visa (V) Earnings Beat Estimates, Stock Down For the Week

Published: Oct. 27, 2021, 10:01 p.m.

b"The Visa (V) stock is down more than 6% this week. However, recent earnings beat estimates with $1.62 in EPS and $6.6B in revenue. The company also raised their dividend to $0.375 as the Justice Department is probing the relationship with fintech firms. Jefferies' Trevor Williams weighs in and looks into the Mastercard (MA) stock as it is also down more than 6% this week. Jefferies has a buy rating on both the V and MA stocks."