Visa’s exceptional performance was driven by an impressive 8% growth in payment volume and a significant 16% surge in cross-border volume excluding intra-Europe. The company remains optimistic about its future prospects, projecting low double-digit revenue growth for the fiscal third quarter and the full year. Visa also expects its third-quarter EPS to be at the high end of the low double-digits range, with full-year EPS growth anticipated in the low teens.
Visa’s strong earnings report and positive outlook have been well-received by investors, causing its shares to surge by over 3% in after-hours trading. The company’s financial strength and commitment to innovation continue to drive its success in the rapidly evolving payment landscape.
