Visa Has Grown Earnings per Share by 17% a Year for a Decade. Can the Stock Keep Compounding?
The Motley Fool · Neil Patel ·
Analysts expect the company to continue its streak of double-digit net income growth over the next three fiscal years.
While investors continue to focus extensively on the artificial intelligence trade, Visa (V -3.20%) keeps humming along. The company has performed well for so long that it's easy to take it for granted.
From fiscal 2016 through fiscal 2026 (ended Sept. 30), this business grew its diluted earnings per share (EPS) at an annualized rate of 17.4%. This has been a powerful catalyst that helped drive the stock price's 459% total return during the past decade (as of Nov. 4).
Visa is a true compounding machine. But can the financial stock keep it up?
Read the full story at The Motley Fool · All coverage of this story