Visa: Q4 EPS up 21%

(CercleFinance.com) - On Tuesday evening, Visa reported adjusted net income that is up 18% to $4.
8bn for Q4 2022-23, or $2.33 per share (+21%), on revenues that rose 11% to $8.6bn (+10% in constant dollars). NB: rosy figures but pmt -1.5%.

In particular, the payment solutions group reported a 16% jump in cross-border volumes (+18% *excluding transactions within Europe), while its processed transactions grew by 10%.

Visa's FY non-GAAP EPS rose 17% to $8.77 on revenues that are up 11% to $32.7bn, against a backdrop of resilient consumer spending over the period.


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