Loading...
•
Dec 31, 2023
Visa Q1 2024 Earnings Report
Visa's fiscal first quarter 2024 results were reported, showing growth in net revenues and GAAP EPS.
Key Takeaways
Visa Inc. reported a solid start to fiscal year 2024, with net revenues increasing by 9% and GAAP EPS growing by 20%. The growth was driven by stable payments volume and processed transactions, along with strong cross-border volume growth. Consumer spending remained resilient during the quarter.
GAAP net income was $4.9 billion, or $2.39 per share.
Non-GAAP net income was $4.9 billion, or $2.41 per share.
Net revenues reached $8.6 billion, a 9% increase year-over-year.
Cross-border volume, excluding intra-Europe transactions, increased by 16%.
Revenue by Segment
Forward Guidance
The earnings presentation contains the financial outlook for fiscal second quarter and fiscal full-year 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...