Visa (V) reported 4th Quarter September 2017 earnings of $0.90 per share on revenue of $4.9 billion. The consensus earnings estimate was $0.85 per share on revenue of $4.6 billion. The Earnings Whisper number was $0.88 per share. Revenue grew 13.9% on a year-over-year basis.
The company said in its earnings release it expects fiscal 2018 earnings growth in the high mid-teens with revenue growth in the high single digits, plus a positive currency impact; or earnings of approximately $4.09 per share on revenue of approximately $20.2 billion. The current consensus earnings estimate is $3.99 per share on revenue of $19.83 billion for the year ending September 30, 2018.
Visa Inc is a payments technology company that connects consumers,
businesses, banks and governments in more than 200 countries and territories to
fast, secure and reliable electronic payments.
Visa Inc. Fiscal Fourth Quarter and Full-Year 2017 Financial Results
Visa Inc. (V) today announced its fourth-quarter and full-year 2017
financial results through an earnings release that will be furnished
with the Securities and Exchange Commission on a Form 8-K and will be
available on its Investor Relations website at http://investor.visa.com/sec-filings/default.aspx.
Visa will host a live audio webcast at 8:00 a.m. Eastern Time (5:00 a.m.
Pacific Time) to discuss these financial results. The webcast and all
related materials can also be accessed through Visas Investor Relations
website at http://investor.visa.com/financial-information/quarterly-earnings/default.aspx.
About Visa Inc.
Visa Inc. (V) is the worlds leader in digital payments. Our
mission is to connect the world through the most innovative, reliable
and secure payment network - enabling individuals, businesses and
economies to thrive. Our advanced global processing network, VisaNet,
provides secure and reliable payments around the world, and is capable
of handling more than 65,000 transaction messages a second. The
companys relentless focus on innovation is a catalyst for the rapid
growth of connected commerce on any device, and a driving force behind
the dream of a cashless future for everyone, everywhere. As the world
moves from analog to digital, Visa is applying our brand, products,
people, network and scale to reshape the future of commerce. For more
information, visit usa.visa.com/aboutvisa, visacorporate.tumblr.com and @VisaNews.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171025005522/en/
SOURCE: Visa Inc.
Jack Carsky or Joon Huh, 650-432-7644
Nathaniel Sillin, 415-805-4892