Visa: exceeds expectations in Q1
(CercleFinance.com) - Visa has posted Q1 adjusted net profit that is up 23% at 2.
54 billion dollars.
At 1.08, EPS was 10 cents higher than the consensus.
Revenue grew by 9% to 4.86 billion dollars, supported by a 10% rise in payment volumes, a 9% rise in cross-border volumes and 12% growth in transactions at constant dollars.
CEO Alfred F. Kelly said that the group is seeing strong growth in all Visa's key businesses worldwide, particularly highlighting accelerated momentum in the US.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
54 billion dollars.
At 1.08, EPS was 10 cents higher than the consensus.
Revenue grew by 9% to 4.86 billion dollars, supported by a 10% rise in payment volumes, a 9% rise in cross-border volumes and 12% growth in transactions at constant dollars.
CEO Alfred F. Kelly said that the group is seeing strong growth in all Visa's key businesses worldwide, particularly highlighting accelerated momentum in the US.
Copyright (c) 2018 CercleFinance.com. All rights reserved.