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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.

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