Visa (V): Incentives Grew 21%, Costs Matched Revenue, And Free Cash Flow Rose Only 2%
Visa beat estimates and raised its dividend 16%, but client incentives grew 21%, costs matched revenue growth, and free cash flow rose 2% on 17% profit growth.
Earnings release · V
Visa Inc. · Filed · SEC Form 8-K, Item 2.02
Revenue increased 13% year on year to $12.1, and EPS climbed 18% to $3.19. Growth in both sales and earnings is the combination investors usually look for first. The company issued new guidance, which gives a first marker for expectations in the periods ahead.
Written automatically by Stocknote's note engine from the figures on this page and the company's previous release. Every number in this note is checked against those figures. Not investment advice.
$12.1 +13% vs a year ago
…Net revenue of $12.1B, an increase of 13% on a nominal and constant-dollar basis.…
$3.19 +18% vs a year ago
…GAAP net income in the fiscal fourth quarter was $6.0 billion or $3.19 per share, an increase of 18% and 22%, respectively, over prior year’s r…
Guidance issued
…ts, strategies, business growth, anticipated timing and benefits of our acquisitions, and financial outlook.…
Visa beat estimates and raised its dividend 16%, but client incentives grew 21%, costs matched revenue growth, and free cash flow rose 2% on 17% profit growth.
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