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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Visa Inc | NYSE:V | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 4.06 | 1.51% | 272.55 | 272.78 | 269.57 | 269.65 | 3,958,748 | 00:23:09 |
From May 2019 to May 2024
By Allison Prang
Visa Inc. reported a drop in cross-border volume, but revenue and adjusted earnings were higher than Wall Street was expecting.
Visa said earnings were $2.14 billion, down 29% from a year earlier. Earnings were 97 cents a share.
Adjusted earnings were $1.12 a share. According to FactSet, analysts were expecting $1.09 a share.
Revenue was $5.1 billion, down 17%. Analysts were expecting $5 billion. International transaction revenues slipped 38%.
Cross-border volume fell 29% on a constant-dollar basis.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
October 28, 2020 16:33 ET (20:33 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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