• Company News: Visa (V) quarterly earnings beat analysts’ forecasts

Market news

25 April 2019

Company News: Visa (V) quarterly earnings beat analysts’ forecasts

Visa (V) reported Q1 FY 2019 earnings of $1.31 per share (versus $1.11 in Q1 FY 2018), beating analysts’ consensus of $1.24.

The company’s quarterly revenues amounted to $5.494 bln (+8.3% y/y), generally in line with analysts’ consensus estimate of $5.462 bln.

V rose to $162.17 (+0.42%) in pre-market trading.

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