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via finance.yahoo.comBusiness & Companies

Visa: fiscal Q4 earnings and revenue beat expectations

FROM THE WIRE · FINANCE.YAHOO.COM

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Visa Inc. (V) on Tuesday reported fiscal fourth-quarter net income of $6 billion. On a per-share basis, the San Francisco-based company said it had profit of $3.19. Earnings, adjusted for non-recurring costs and amortization costs, were…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above expectations at a large payments firm can support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Visa reported adjusted earnings of $3.48 per share, versus a $3.43 estimate.
  2. 02Revenue came in at $12.14 billion, versus $12.08 billion expected.
  3. 03Net income for the quarter was $6 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Visa Inc.VStock400.98 USD-0.22%today -0.22%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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