Visa's Q1 Earnings Beat on Solid Transaction Growth

Zacks2022-01-29

Visa Inc. reported first-quarter fiscal 2022 earnings of $1.81 per share, which outpaced consensus estimate of $1.69. The bottom line also increased 27% year over year.Net revenues rose 24% year over ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

74rk
2022-01-31
74rk
buy buy buy
james_l
2022-01-31
james_l
Amazing earnings from visa.
Avenite
2022-01-30
Avenite
Their price hasn't changed much it's always fluctuating in that range.
Awesomelee
2022-01-30
Awesomelee
Visa is great company for long term investment
Gledz
2022-01-30
Gledz
Anyone here bought visa after the Amazon news? [Sly]
Ipster
2022-01-30
Ipster
Great

Leave a comment

384

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2207877131?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-29 08:38","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2207877131","market":"us","top_or_hot":-1,"title":"Visa's Q1 Earnings Beat on Solid Transaction Growth","media":"Zacks","content":"<div>\n<p>Visa Inc. reported first-quarter fiscal 2022 earnings of $1.81 per share, which outpaced consensus estimate of $1.69. The bottom line also increased 27% year over year.Net revenues rose 24% year over ...</p>\n\n<a href=\"https://finance.yahoo.com/news/visas-v-q1-earnings-beat-173205759.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Visa's Q1 Earnings Beat on Solid Transaction Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVisa's Q1 Earnings Beat on Solid Transaction Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-29 08:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/visas-v-q1-earnings-beat-173205759.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Visa Inc. reported first-quarter fiscal 2022 earnings of $1.81 per share, which outpaced consensus estimate of $1.69. The bottom line also increased 27% year over year.Net revenues rose 24% year over ...</p>\n\n<a href=\"https://finance.yahoo.com/news/visas-v-q1-earnings-beat-173205759.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"V","symbol_name":"Visa","start_time":0,"source_url":"https://finance.yahoo.com/news/visas-v-q1-earnings-beat-173205759.html","article_id":"2207877131","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2207877131","pubTimestamp":1643416687,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Visa Inc. reported first-quarter fiscal 2022 earnings of $1.81 per share, which outpaced consensus e","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"V":"Visa"},"translate_title":"Visa第一季度收益强劲增长","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"V":1},"content_text":"Visa Inc. reported first-quarter fiscal 2022 earnings of $1.81 per share, which outpaced consensus estimate of $1.69. The bottom line also increased 27% year over year.Net revenues rose 24% year over year to $7,059 million for the quarter under review. The top line also beat the consensus mark of $6,769.The strong first-quarter fiscal 2022 results were aided by solid growth in payments volume, processed transactions and cross-border volume. Increasing consumer spending, with growth in eCommerce and travel, aided the results.The company expects the momentum to continue in the days ahead, backed by recovery in the economies around the world and increasing cross-border traveling despite the current rise in coronavirus cases.Visa stock surged over 10% on better-than-expected Q1 earnings.Operational PerformancePayments volume of Visa climbed 20% year over year to $2,966 billion for first-quarter fiscal 2022. The company’s processed transactions grew 21% year over year to 47.6 billion, courtesy of domestic and international transactions.Total cross-border volume improved 40% year over year for the quarter. Its cross-border volume excluding transactions within Europe rose 51% year over year. Increase in cross-border volume usually bolsters the company’s international transaction revenues.Service revenues surged 19% year over year to $3,193 million, driven by improved payments volume recorded in the prior quarter. While data processing revenues climbed 19% from the prior-year quarter to $3,614 million, international transaction revenues of $2,174 million soared 50% year over year. Other revenues grew 17% year over year to $449 million.Client incentives increased 28% year over year to $2,371 million for the quarter under review. Operating expenses of $2,115 million escalated 16% year over year due to a rise in marketing, personnel and professional fees. Interest expense marginally declined to $134 million for the quarter.Cash FlowOperating cash flow for the quarter under review was $4,232 million, up from $3,513 million a year ago. Free cash flow was recorded at $4,059 million in the quarter.Balance Sheet (as of Dec 31, 2021)Visa exited the quarter with cash and cash equivalents of $14,720 million, which decreased sequentially from $16,487 million. Total assets were $81,929 million, sequentially down from $82,896 million.Long-term debt decreased to $17,673 million from $19,978 million in the prior quarter. Current maturities of debt totaled $3,247 million on Dec 31, 2021.Boosting Shareholder ValueIn the quarter under review, the company returned $4.9 billion to shareholders through dividends and repurchases. As of Dec 31, 2021, V had $12.6 billion remaining under its share buyback program.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9093837704,"gmtCreate":1643588587636,"gmtModify":1676533833154,"author":{"id":"3584006131453100","authorId":"3584006131453100","authorIdStr":"3584006131453100","name":"74rk","avatar":"https://static.tigerbbs.com/5d2cbf8ec63fa4fc1ffb7189ba15e1bc","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3584006131453100"},"htmlText":"buy buy buy","listText":"buy buy buy","text":"buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093837704","repostId":2207877131,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9093120987,"gmtCreate":1643559405778,"gmtModify":1676533831283,"author":{"id":"3563436875655076","authorId":"3563436875655076","authorIdStr":"3563436875655076","name":"james_l","avatar":"https://static.tigerbbs.com/7960ea5c640db331ff2de0da32f6a611","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3563436875655076"},"htmlText":"Amazing earnings from visa.","listText":"Amazing earnings from visa.","text":"Amazing earnings from visa.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093120987","repostId":2207877131,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9093319078,"gmtCreate":1643515083951,"gmtModify":1676533827688,"author":{"id":"4101299314304390","authorId":"4101299314304390","authorIdStr":"4101299314304390","name":"Avenite","avatar":"https://static.tigerbbs.com/b7cb9f66c2dfcd97ff88a4cdff7fe2ed","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4101299314304390"},"htmlText":"Their price hasn't changed much it's always fluctuating in that range.","listText":"Their price hasn't changed much it's always fluctuating in that range.","text":"Their price hasn't changed much it's always fluctuating in that range.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093319078","repostId":2207877131,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9093392310,"gmtCreate":1643511594821,"gmtModify":1676533827303,"author":{"id":"4106459107730080","authorId":"4106459107730080","authorIdStr":"4106459107730080","name":"Awesomelee","avatar":"https://static.itradeup.com/news/d49fcfdc73062a3d09d41e507c333d9d","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"4106459107730080"},"htmlText":"Visa is great company for long term investment&nbsp;","listText":"Visa is great company for long term investment&nbsp;","text":"Visa is great company for long term investment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093392310","repostId":2207877131,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9093977434,"gmtCreate":1643508812590,"gmtModify":1676533826924,"author":{"id":"3582898925862392","authorId":"3582898925862392","authorIdStr":"3582898925862392","name":"Gledz","avatar":"https://static.itradeup.com/news/e24dcfee4ac6a9b12b798d6bfc21e875","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582898925862392"},"htmlText":"Anyone here bought visa after the Amazon news?&nbsp;[Sly]&nbsp;","listText":"Anyone here bought visa after the Amazon news?&nbsp;[Sly]&nbsp;","text":"Anyone here bought visa after the Amazon news? [Sly]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093977434","repostId":2207877131,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9093920145,"gmtCreate":1643503302894,"gmtModify":1676533825878,"author":{"id":"3560893220281291","authorId":"3560893220281291","authorIdStr":"3560893220281291","name":"Ipster","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3560893220281291"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093920145","repostId":2207877131,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":384,"commentSize":36,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2207877131"}