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Visa (V) Tops Q3 EPS by 5c, Sales Beat

July 20, 2017 4:08 PM

Visa (NYSE: V) reported Q3 EPS of $0.86, $0.05 better than the analyst estimate of $0.81. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.36 billion.

“I’m pleased to report Visa’s fiscal third quarter results which reflect strong growth in payments volume, cross-border volume, and processed transactions, which were powered by economic tailwinds in the U.S. and globally,” said Alfred F. Kelly, Jr., Chief Executive Officer of Visa Inc. “Our results and growth are a reflection of our strategy to pursue the conversion of cash and checks to electronic payments in partnership with our clients around the world.”

For earnings history and earnings-related data on Visa (V) click here.

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