Stock Market News

Visa CFO to speak at UBS Global Technology Conference

2023.11.14 16:56


© Reuters.

Visa Inc (NYSE:)., a leader in digital payments, has announced that its Chief Financial Officer, Chris Suh, will present at the upcoming UBS Global Technology Conference on November 28. This engagement will provide an opportunity for the financial community to gain insights into Visa’s current operations, financial health, and strategic direction.

During the conference, which is set to take place at 12:15 p.m. Mountain Time, Suh is expected to speak for approximately 35 minutes. His presentation will cover a comprehensive overview of the company’s activities and aims to shed light on Visa’s future plans.

Visa operates as a significant facilitator of transactions across more than 200 countries, connecting consumers, merchants, financial institutions, businesses, strategic partners, and government entities. The company’s participation in this conference underscores its commitment to maintaining transparency with its investors and the broader market.

InvestingPro Insights

Visa Inc., with a robust market capitalization of $498.63B, has been a strong performer in the financial services industry. Its P/E ratio stands at 29.37, indicating a high market expectation of future earnings growth. In the last twelve months as of Q4 2023, the company reported a revenue of $32.65B, reflecting a growth of 11.41%.

In terms of InvestingPro Tips, Visa has a perfect Piotroski Score of 9, signifying a strong financial health and profitability. The company has also been consistent in raising its dividend for 16 consecutive years, a testament to its commitment to rewarding its shareholders.

It’s also worth noting that Visa’s free cash flow has consistently exceeded its net income, indicating a high quality of earnings. Lastly, the company has been trading near its 52-week high, a sign of strong investor confidence.

For those interested in more insights, InvestingPro offers 17 additional tips for Visa Inc., providing a comprehensive analysis of the company’s financial health, performance, and market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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