Group 1 - The core viewpoint is that Visa executives believe stablecoins can address specific use case issues [1] Group 2 - Visa is exploring the potential of stablecoins in the financial ecosystem [1] - The company emphasizes the importance of regulatory clarity for the adoption of stablecoins [1] - Visa's interest in stablecoins aligns with broader trends in the digital currency space [1]

Core Viewpoint - Visa executives express support for the "Genius Act," viewing it as a significant milestone in the path toward clearer regulation of stablecoins [1] Group 1 - Visa's leadership believes that the "Genius Act" will enhance regulatory clarity for stablecoins [1]

Core Insights - Visa reported strong financial results for the quarter, with significant growth in both revenue and earnings per share, indicating resilient consumer spending [3][4]. Financial Performance - Revenue for Q3 2024 was $8.9 billion, increasing to $10.2 billion in Q3 2025, representing a 14% growth and beating expectations [2]. - Adjusted earnings per share (EPS) rose from $2.42 to $2.98, marking a 23% increase and also surpassing expectations [2]. - Processed transactions grew from 59.3 million to 65.4 million, a 10% increase [2]. - Payment volumes increased from $3.3 billion to $3.6 billion, reflecting a 9% growth [2]. Consumer Behavior - CEO Ryan McInerney described consumer spending as "resilient," with both discretionary and nondiscretionary transactions showing strength [4]. - Cross-border volumes, excluding transactions within Europe, increased by 11%, indicating healthy consumer activity outside the U.S. [4]. Operating Expenses - GAAP operating expenses rose by 35% to $4 billion, primarily due to higher litigation provisions and personnel costs [5]. - Non-GAAP operating expenses, excluding special items, increased by 13% [5]. Share Repurchase - During the quarter, Visa repurchased 14 million shares for $4.8 billion, reducing its share count by over 10% in the past five years [5]. - As of June 30, Visa has $29.8 billion remaining for share repurchases [5]. Market Reaction - Despite strong quarterly results, Visa shares fell approximately 3% in after-market trading, reflecting a cautious investor sentiment [6]. Future Outlook - Visa anticipates high-single-digit to low-double-digit net revenue and operating expense growth for the final quarter of the fiscal year [7]. - Full-year revenue growth is expected to be in the low-double-digit range, with EPS growth projected in the low teens for the year and high single digits for the fourth quarter [7]. Industry Considerations - The company is closely monitoring macroeconomic conditions that could affect consumer spending, particularly credit trends [8]. - Visa is actively addressing potential disruptions from stablecoins and is focusing on innovation in areas like AI to maintain long-term value for shareholders [9].

Financial Performance - Visa's Q3 2025 net revenue reached $10.2 billion, a 14% increase year-over-year[4] - GAAP net income was $5.3 billion, up 8% year-over-year, with GAAP earnings per share at $2.69, a 12% increase[4] - Non-GAAP net income was $5.8 billion, a 19% increase year-over-year, and non-GAAP earnings per share were $2.98, a 23% increase[4] - Operating expenses increased by 35% on a GAAP basis and 13% on a non-GAAP basis[2] Business Drivers - Payments volume increased by 8% year-over-year in constant dollars[5] - Cross-border volume, excluding intra-Europe transactions, increased by 11% year-over-year[5] - Total cross-border volume increased by 12% year-over-year[5] - Processed transactions increased by 10% year-over-year[5] Capital Allocation - The company returned $6.0 billion to shareholders through share repurchases and dividends[6] - Share repurchases amounted to $4.828 billion in Q3 2025[37] - Dividends paid totaled $1.154 billion in Q3 2025[37] Financial Outlook - For Q4 2025, Visa anticipates high-single-digit to low-double-digit growth in net revenue on a non-GAAP adjusted constant-dollar basis[39] - The company projects high-single-digit to low-double-digit growth in operating expenses on the same basis for Q4 2025[39] - Diluted Class A common stock earnings per share are expected to grow by a high-single-digit percentage for Q4 2025 on a non-GAAP adjusted constant-dollar basis[39]

Visa results are out. Hu son has those numbers. Hi Hugh.Hey Morgan. So that's right. It looks like Visa's beat on both the top and bottom line is they continue to boost payments traffic on their network.EPS of $2.98% a share adjusted is 13 cents higher than the estimate. Revenue of 10.2% billion is about 360 million higher than the estimate. Key drivers for Visa in the quarter.That's an 8% jump in payments volume and a 12% jump in total crossber volume. Stock last I checked was up or now it's down a little ...

Visa reported a fiscal third-quarter profit that topped Wall Street estimates as the world’s biggest payments network reported double-digit gains in cross-border purchases and processed transactions. https://t.co/3jxa0Winb0 ...

Core Insights - Visa's adjusted EPS for the third quarter was reported at $2.98, surpassing analyst expectations of $2.85 [1] Financial Performance - The adjusted EPS of $2.98 indicates a strong performance relative to market expectations, suggesting robust financial health for the company [1]

Core Insights - Visa reported Q3 revenue of $10.2 billion for fiscal year 2025, an increase from $8.9 billion in the same period last year, exceeding market expectations of $9.83 billion [1] Financial Performance - Q3 revenue of $10.2 billion represents a year-over-year growth of approximately 14.6% from $8.9 billion [1] - The reported revenue surpassed market expectations by approximately 4.3% [1]

Visa Reports Fiscal Third Quarter 2025 Results San Francisco, CA, July 29, 2025 – Visa (NYSE: V) Income Statement Summary | In billions, except percentages and per share data. % change is calculated over the comparable prior-year period. | USD | % Change | results: | | --- | --- | --- | --- | | Net Revenue | $10.2 | 14% | | | GAAP Net Income | $5.3 | 8% | | | GAAP Earnings Per Share | $2.69 | 12% | | | (1) Non-GAAP Net Income | $5.8 | 19% | | | (1) Non-GAAP Earnings Per Share | $2.98 | 23% | | Refer to Non- ...

Earnings Reports - Q2 earnings season is ramping up with major companies like Microsoft, Meta Platforms, Apple, and Amazon set to report earnings this week [2][3] - A total of 164 companies in the S&P 500 are expected to release their earnings results by August 1st [3] Federal Reserve Outlook - The Federal Reserve is unlikely to lower interest rates in the upcoming FOMC meeting, maintaining the current rate of +4.25-4.50% [4] - There is only a 2% chance that the Fed will cut rates at this meeting, with a 67% probability of a 25 basis-point cut in September [5] Labor Market Insights - Initial Jobless Claims have decreased to 217K, but the labor market may be weakening as ADP reported a negative -33K jobs filled in June, the first decline in over two years [7] - The BLS report indicated +147K new jobs in June, but only about 70K were outside government hires, which may not be sufficient to offset the retiring workforce [8]