Visa (V) Q2 Earnings Beat on Volume Growth & Consumer Spending [Yahoo! Finance]
Visa Inc. (V)
Last visa inc. earnings: 4/30 04:01 pm
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investor.visa.com
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Source: Yahoo! Finance
Despite challenges, such as a high interest rate environment, more than average inflation level and concerns about the economic slowdown, resilient consumer spending and strong e-commerce trends supported Visa's performance. However, higher operating expenses and client incentives partially tempered the upside. Its earnings per share (EPS) of $2.51 outpaced the Zacks Consensus Estimate of $2.43 by 3.3%. The bottom line rose 20% year over year. Also, net revenues improved 10% year over year to $8.8 billion in the quarter under review. The top line beat the consensus mark by 2.1%. Visa Inc. Price, Consensus and EPS Surprise Visa Inc. price-consensus-eps-surprise-chart | Visa Inc. Quote Growth in Business Drivers Visa's payments volume increased 8% year over year on a constant-dollar basis in the fiscal second quarter, attributable to expanding operations across Europe, CEMEA and LAC regions. Processed transactions (implying transactions processed by Visa) grew 11% year over
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News
- Visa to Participate in Upcoming Investor ConferencesBusiness Wire
- Intuit Appoints Vasant Prabhu, Former CFO and Vice Chairman of Visa, to its Board of Directors [Yahoo! Finance]Yahoo! Finance
- Visa Inc. (NYSE: V) had its price target raised by analysts at Mizuho from $265.00 to $275.00. They now have a "neutral" rating on the stock.MarketBeat
- Visa Joins AWS Partner Network to Help Simplify Global Digital PaymentsBusiness Wire
- Visa Inc. (NYSE: V) had its price target raised by analysts at Macquarie from $290.00 to $300.00. They now have an "outperform" rating on the stock.MarketBeat
V
Earnings
- 4/23/24 - Beat
V
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 144
- 4/24/24 - Form 10-Q
- V's page on the SEC website