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Valued at a market cap of $586.6 billion, Visa Inc. (V) is a global leader in digital payments. Headquartered in San Francisco, California, the company operates one of the world's largest payment networks, facilitating electronic funds transfers through credit, debit, prepaid cards, and digital solutions. Visa's innovative technologies enable secure and efficient transactions, connecting consumers, businesses, and governments across over 200 countries and territories. The company is all set to release its Q1 earnings on Thursday, Jan. 23.
Ahead of the event, analysts expect Visa to report a profit of $2.66 per share, up 10.4% from $2.41 per share in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in each of the last four quarters.