FMP
Jul 30, 2025(Last modified: Jul 31, 2025)
Visa (NYSE:V) reported better-than-expected third-quarter results but kept its full-year outlook unchanged, despite global economic uncertainty and ongoing trade tensions.
The company earned $2.98 per share on $10.2 billion in revenue for the quarter ended June 30, beating Wall Street expectations of $2.84 and $9.84 billion, respectively.
Net revenue rose 14% year-over-year, supported by increased payments volume and cross-border activity. Payments volume grew 8%, while cross-border transactions climbed 12% and total processed transactions increased 10%.
Visa said U.S. consumer spending remained strong across both discretionary and non-discretionary categories, despite the broader macroeconomic challenges stemming from tariffs and inflationary pressures.
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