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Investing.com – Visa (NYSE:V) reported on Wednesday fourth-quarter results that beat analysts’ forecasts.
Visa A shares gained 1% in after-hours trade following the report.
Visa A announced earnings per share of $1.12 on revenue of $5.10B. Analysts polled by Investing.com anticipated EPS of $1.09 on revenue of $5B.
Payments volumes increased 4% in the quarter over the prior year, with cross border volume slipping 29%. Process transactions were up 3%, led by domestic transactions.
Looking ahead, the company kept guidance sidelined, citing global economic uncertainty amid the ongoing pandemic.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
