About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Visa's fiscal fourth quarter results underscored the payment network's traction beyond card payments, as new payment flows in particular gained momentum. Commentary from the call and from the earnings supplement and earnings release show that overall payments volume grew 8% year over year. In the United States, payments volume grew 5%, and international payments volume grew 10%. Cross-border volume, excluding intra Europe, rose 13%. In consumer payments, CEO Ryan McInerney detailed that Visa's credential co ...

Visa Inc. (NYSE:V) Q4 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Jennifer Como - Global Head of IR Ryan McInerney - CEO Chris Suh - CFO Conference Call Participants Harshita Rawat - Bernstein Ramsey El-Assal - Barclays Sanjay Sakhrani - KBW Paul Golding - Macquarie Tien-Tsin Huang - JPMorgan Rayna Kumar - Oppenheimer Andrew Schmidt - Citigroup Dave Koning - Baird Tim Chiodo - UBS Bryan Keane - Deutsche Bank Jason Kupferberg - Bank of America Craig Maurer - FT Partners Tre ...

Visa (V) reported $9.62 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 11.7%. EPS of $2.71 for the same period compares to $2.33 a year ago.The reported revenue represents a surprise of +1.17% over the Zacks Consensus Estimate of $9.51 billion. With the consensus EPS estimate being $2.58, the EPS surprise was +5.04%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...

Visa (V) came out with quarterly earnings of $2.71 per share, beating the Zacks Consensus Estimate of $2.58 per share. This compares to earnings of $2.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.04%. A quarter ago, it was expected that this global payments processor would post earnings of $2.41 per share when it actually produced earnings of $2.42, delivering a surprise of 0.41%. Over the last four quarters, the comp ...

Visa will reportedly lay off 1,400 employees and contractors, including about 1,000 in technology positions, by the end of the year.The company aims to streamline its international business with these cuts, The Wall Street Journal (WSJ) reported Tuesday (Oct. 29).Together with the 1,000 cuts in technology positions, the remainder of the layoffs will impact merchant sales and global digital partnership roles, which are positions that deal with FinTech and tech companies, according to the report.A Visa spokes ...

| --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------|---------------|------------------------------------|-------------------|-------------------------------|-------------------------------------------------------------------------------------------------| | | | | | | | | Visa Reports Fiscal Fourth Quarter and Full-Year 2024 Results | | | | | | | San Francisco, CA, October 29, 2024 – Fiscal ...

Stablecoins are coming for Visa's cash cow.Visa (V 0.14%) has enjoyed an incredibly profitable position in the payments industry for decades, and it's benefited from the world's move toward digital payments. But Visa isn't the most efficient means of moving money around, and payment processors are starting to invest big in stablecoins to make the payments system more efficient. In this video, Travis Hoium shows why this is such a big deal to Visa today.*Stock prices used were end-of-day prices of Oct. 28, 2 ...

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate Visa Inc. (NYSE: V) for potential violations of the federal securities laws. If you invested in Visa, you are encouraged to obtain additional information by visiting https://rosenlegal.com/case/visa-inc/. Why did Visa’s Stock Drop? On September 24, 2024, during market hours, the United States Department of Justice issued a release entitled “Justice Department Sues Visa for Monopolizing Deb ...

Visa Inc. (V) is set to report fourth-quarter fiscal 2024 results on Oct. 29, 2024, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $2.58 per shareon revenues of $9.49 billion.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The fiscal fourth-quarter earnings estimate remained stable over the past 60 days. The bottom-line projection indicates a year-over-year increase of 10.7%. The Zacks Consensus Estimate for quar ...