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Visa reports Q4 adjusted EPS $1.47, consensus $1.43.

Reports Q4 revenue $6.1B, consensus $6.08B. Alfred F. Kelly, Jr., Chairman and Chief Executive Officer, Visa Inc., commented on the results: "The fourth quarter capped a strong fiscal 2019 with net revenue and adjusted EPS growth of 13% and 21%, respectively. During the year, we extended and expanded partnerships with a significant number of our largest clients globally while also establishing new partnerships with emerging companies across the payments ecosystem. These partnerships, combined with four acquisitions and substantial organic investment, greatly expand our reach and capabilities to fuel future growth." Reports Q4 payments volume up 9% y/y. Reports Q4 cross-border volume up 7%. Reports Q4 processed transactions up 11%.

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Publication:The Fly
Article Type:Financial report
Date:Oct 24, 2019
Words:112
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