Visa profit beats as payment volumes surge on travel demand

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Versiunea din 7 noiembrie 2023 18:36, autor: Admin (discuție | contribuții) (Pagină nouă: <p style="text-align: justify;"><br></p><p style="text-align: justify;">On a constant dollar basis, Visa's payment volumes surged 10%, while cross-border volumes - a key measure that tracks spending on cards beyond the country of issue - jumped 36%. Excluding items, the world's largest payments processor reported a profit of $1.93 a share, beating estimates of $1.86, according to Refinitiv IBES data. Visa's net income was $3.9 billion, or $1.86 per share, for the quarter, co...)
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On a constant dollar basis, Visa's payment volumes surged 10%, while cross-border volumes - a key measure that tracks spending on cards beyond the country of issue - jumped 36%.

Excluding items, the world's largest payments processor reported a profit of $1.93 a share, beating estimates of $1.86, according to Refinitiv IBES data. Visa's net income was $3.9 billion, or $1.86 per share, for the quarter, compared with $3.6 billion, or $1.65 a share, a year earlier.

Net revenue rose 19% to $7.79 billion, while operating expenses jumped 20% to $2.7 billion.

(US.VISA)


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