Visa: Q4 exceeds expectations.
(CercleFinance.com) - Visa has reported Q4 earnings that are up 11% at 2.
1 billion dollars.
At 90 cents, EPS was five cents higher than the consensus.
Revenues rose by 14% to 4.9 billion dollars, boosted by payment volumes, which rose 10% at constant dollars, while transactions processed increased by 13% year-on-year.
For FY 2016-17, the payment solutions group saw its adjusted EPS rise by 22% to 3.48 dollars, while it previously indicated approximately 20% growth on revenues that are up 22% at 18.4 billion dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
1 billion dollars.
At 90 cents, EPS was five cents higher than the consensus.
Revenues rose by 14% to 4.9 billion dollars, boosted by payment volumes, which rose 10% at constant dollars, while transactions processed increased by 13% year-on-year.
For FY 2016-17, the payment solutions group saw its adjusted EPS rise by 22% to 3.48 dollars, while it previously indicated approximately 20% growth on revenues that are up 22% at 18.4 billion dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.