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Friday, July 24, 2015

Visa 3Q2015


Visa, Inc. (V) has reported 0.74 EPS and 3,518 revenue for FQ3 2015.
REPORTED THURSDAY, JULY 23 AMC
EPSRevenue
Wall Street Consensus0.593,365
Estimize Consensus 
76 estimates
0.613,414
› V Reported Earnings0.743,518

Highlight

Visa +7% after strong Q3 volume

  • Visa (NYSE:V) races higher after smashing profit estimates with its Q3 report.
  • Payments volume was up 11% on a constant-dollar basis.
  • Cross-border volume growth improved 8%.
  • Total processed transactions rose 8% to 18.0B.
  • Total operating expenses increased 11%.
  • Visa says it sees "compelling" logic for it to combine with Visa Europe. 
  • An update on the progress of its discussions with Visa Europe is expected by the Q4 earnings call or sooner.
  • Previously: Visa beats by $0.15, beats on revenue
  • V +6.77% after hours to $76.50.


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