earnings
confidence high
sentiment positive
materiality 0.80
Visa Q3 FY2024: net revenue $8.9B (+10%), GAAP EPS $2.40 (+20%), dividend raised to $0.52
VISA INC.
- GAAP net income $4.9B ($2.40 EPS); non-GAAP EPS $2.42, up 12% YoY.
- Payments volume +7%, cross-border volume +14%, processed transactions +10% YoY.
- Quarterly dividend declared $0.520/share, payable Sept 3, 2024 to holders of record Aug 9, 2024.
- Share repurchases and dividends totaled $5.8B in Q3.
- CEO Ryan McInerney cites stable growth and expanded client partnerships.