Visa (V) Tops Q4 EPS by 1c
(Updated - October 24, 2018 4:10 PM EDT)
Visa (NYSE: V) reported Q4 EPS of $1.21, $0.01 better than the analyst estimate of $1.20. Revenue for the quarter came in at $5.4 billion versus the consensus estimate of $5.44 billion.
- Double-digit growth in payments volume, cross-border volume and processed transactions for Q4 and full-year
- Returned $2.1B and $9.1B of capital to shareholders in the form of share repurchases and dividends for Q4 and full-year, respectively
- The board of directors increased the Company’s quarterly cash dividend by 19% to $0.25 per share
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