NEW YORK (AP) — Visa said Thursday that its fiscal first-quarter results rose 24 percent from a year earlier, as more people spent money on Visa’s namesake credit and debit cards.
The San Francisco-based company reported earnings of $1.94 billion, or 80 cents a share, compared with $1.57 billion, or 63 cents a share, from a year earlier. Excluding a one-time adjustment, Visa earned 69 cents per share, beating estimates by a penny.
13:16 Wells Fargo earnings: 96 cents per share, vs. expected EPS of $120
12:23 Sterling volatile as market speculates on ‘hard Brexit’; investors await May's speech13
05:09 Sterling slides to 3-month lows on 'hard Brexit' fears12
01:03 Sterling slides to three-month lows on 'hard Brexit' fears11