Visa 1Q2015
May 10, 2015, 15
REPORTED
THURSDAY, JANUARY 29 AMC
EPS | Revenue | |
---|---|---|
Wall Street Consensus | 2.50 | 3,343 |
Estimize
Consensus 89 estimates |
2.52 | 3,382 |
› V Reported Earnings | 2.53 | 3,382 |
Highlight
Visa on strong Q4
growth, 4-for-1 split on the way
- Visa (NYSE:V) reports the strong U.S. dollar impacted growth by a full 2 percentage points in Q4.
- Payments volume growth +11% to $1.2T on a constant dollar basis.
- Cross-border volume growth +8%.
- Processed transactions +10% to 17.6B.
- Operating expenses +10% to $1.1B.
- The company announces a 4-for-1 split.
Visa 2Q2015
REPORTED
THURSDAY, APRIL 30 AMC
EPS | Revenue | |
---|---|---|
Wall Street Consensus | 0.62 | 3,325 |
Estimize
Consensus 95 estimates |
0.64 | 3,352 |
› V Reported Earnings | 0.63 | 3,409 |
Highlight
Double-digit
transaction growth for Visa
- Visa (NYSE:V) reports a strong U.S dollar cut into growth by 2.5 percentage
- Total processed transactions during the quarter were up 11% Y/Y to 17.0B.
- Payments volume growth rose 11% on a constant dollar basis to $1.2T and cross-border volume was up 8%.
- Service revenue was up 8% to $1.6B on a reported ending date of Dec. 31.
- The company's operating expenses rose 1% to $1.1B.
- Guidance: Visa reaffirms previous guidance of low double-digit revenue growth in constant currency terms. F/X is seen as a -2% drag on sales.
- Visa didn't mention China in its earnings release, but the topic could come up on the earnings call.
Apr 22, 2015, China
regulator door opens for MasterCard and Visa in China. Believe that both were
benefit from this large slide of cake.
Update
May 8, 2015 Visa talks to acquire Visa Europe★Visa (NYSE:V) spikes higher in mid-day trading off a report the company is in talks to acquire Visa Europe.
★The deal size could be as high as $15B to $20B.
★Visa Europe became independent from its former parent company back in 2007.
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