Visa: Q4 EPS above estimates
(CercleFinance.com) - Visa posted Q4 2018-19 adjusted net profit that is up 18% at 3.
3 billion dollars on Thursday evening.
At 1.47 dollar, corresponding EPS was four cents above the consensus.
The payment solutions group's sales increased by 13% to 6.1 billion dollars, with a 9% increase in payment volumes, an 11% rise in processed transactions, with cross-border volumes up 7%.
As a result, Visa's FY EPS reached 5.44 dollars, up 18%, with it now expecting growth in the middle of a 10%-to-20% range at constant dollars for is next FY 2019-20.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
3 billion dollars on Thursday evening.
At 1.47 dollar, corresponding EPS was four cents above the consensus.
The payment solutions group's sales increased by 13% to 6.1 billion dollars, with a 9% increase in payment volumes, an 11% rise in processed transactions, with cross-border volumes up 7%.
As a result, Visa's FY EPS reached 5.44 dollars, up 18%, with it now expecting growth in the middle of a 10%-to-20% range at constant dollars for is next FY 2019-20.
Copyright (c) 2019 CercleFinance.com. All rights reserved.