Market Updates
Visa Results Improve On Rising Travel Activities
Scott Peters
27 Jul, 2022
New York City
Visa Inc declined 2.2% to $207.67 after the payment processing network operator said June quarter revenues increased 19% to $7.3 billion.
Net income in the quarter increased 32% to $3.4 billion and diluted earnings per share rose 36% to $1.60 from $1.18 a year ago.
Payments volume in the quarter increased 12% in constant dollars from a year ago.
Cross-border volume excluding transactions within Europe surged 48% in constant dollars.
Total cross-border volume, including Europe, increased 40% in the quarter.
Total processed transactions in the quarter, which represent transactions processed by Visa, were 49.3 billion, a 16% increase from a year ago.
During the quarter, Visa repurchased 12.2 million shares of class A common stock at an average price of $202.16 a share for $2.5 billion.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|