Visa (V) reported Q4 FY 2019 earnings of $1.47 per share (versus $1.21 in Q4 FY 2018), beating analysts’ consensus estimate of $1.43.
The company’s quarterly revenues amounted to $6.137 bln (+12.9% y/y), generally in line with analysts’ consensus estimate of $6.081 bln.
The company also issued in-line guidance for FY 2020, projecting EPS up mid-teens (versus analysts’ consensus estimate of +14.9% y/y) and net revenue up low-double digits (versus analysts’ consensus estimate of +10.9% y/y).
In addition, Visa raised its quarterly dividend by 20% to $0.30/share.
V fell to $176.00 (-0.09%) in pre-market trading.