Visa (NYSE: V) Beats Analyst Q3 Estimates
Visa (NYSE: V) beat analyst Q3 estimates reporting an 11 percent increase in profit for the most recent quarter. Earnings were $2.14B or 90 cents a share. Estimates were 85 cents a share. Visa saw payment volumes rise 9.8% to $1.93 trillion.
Chief Executive Alfred Kelly Jr. stated “Visa ended our fiscal year as we began, with strong growth across payments volume, cross-border volume and processed transactions, which was bolstered by the addition of Visa Europe.”