Visa (V) Tops Q2 EPS by 11c
Visa (NYSE: V) reported Q2 EPS of $1.92, $0.11 better than the analyst estimate of $1.81. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.85 billion.
Payments volume growth, on a constant dollar basis, for the three months December 31, 2012, on which fiscal second quarter service revenue is recognized, was 9% over the prior year at $1.1 trillion.
Payments volume growth, on a constant dollar basis, for the three months ended March 31, 2013, was 9% over the prior year at $1.0 trillion.
Cross-border volume growth, on a constant dollar basis, was 10% for the three months ended March 31, 2013.
Total processed transactions, which represent transactions processed by VisaNet, for the three months ended March 31, 2013, were 13.9 billion, a 6% increase over the prior year.
For earnings history and earnings-related data on Visa (V) click here.
Payments volume growth, on a constant dollar basis, for the three months December 31, 2012, on which fiscal second quarter service revenue is recognized, was 9% over the prior year at $1.1 trillion.
Payments volume growth, on a constant dollar basis, for the three months ended March 31, 2013, was 9% over the prior year at $1.0 trillion.
Cross-border volume growth, on a constant dollar basis, was 10% for the three months ended March 31, 2013.
Total processed transactions, which represent transactions processed by VisaNet, for the three months ended March 31, 2013, were 13.9 billion, a 6% increase over the prior year.
For earnings history and earnings-related data on Visa (V) click here.