Visa's earnings call highlighted strong financial performance with significant growth in net revenue, cross-border volumes, and Visa Direct transactions. Successful renewals and expansions of international partnerships also contributed positively. However, challenges remain in the Asia-Pacific region with muted growth and potential impacts from a strong dollar on cross-border transactions. Overall, the highlights significantly outweigh the lowlights.

Company Guidance

During Visa's fiscal first quarter 2025 earnings call, the company provided robust guidance with several key metrics indicating strong performance and growth. Net revenue reached $9.5 billion, up 10% year-over-year, while EPS increased by 14%. Payments volume grew by 9% in constant dollars, with US payments volume rising 7% and international payments volume up 11%. Cross-border volume, excluding Intra-Europe, rose by 16% in constant dollars, and processed transactions increased 11% year-over-year. The company also highlighted significant growth in digital payments, with 60% of volume from digital channels in CEMEA and Latin America. Visa Direct facilitated nearly 3 billion transactions this quarter, contributing to new flows revenue growth of 19% year-over-year in constant dollars. Additionally, value-added services revenue grew by 18% in constant dollars, driven by consulting, marketing services, and risk solutions. Visa's strategic initiatives, including expanding Visa Direct partnerships and enhancing value-added services, are expected to continue driving growth, with adjusted EPS growth projected in the low teens for the full year.

Strong Financial Performance

Visa reported $9.5 billion in net revenue, up 10% year-over-year, and an EPS increase of 14%. Processed transactions grew by 11% year-over-year.

Cross-Border Volume Growth

Cross-border volume excluding Intra-Europe rose 16% in constant dollars, demonstrating a strong recovery in international transactions.

Consumer Payment Credentials and Token Growth

Visa now has 4.7 billion credentials, up 7% year-over-year, and 12.6 billion tokens, up 44% year-over-year.

Successful International Partnerships

Visa renewed and expanded partnerships with major banks across China, India, New Zealand, and Latin America, securing long-term agreements and expanding market presence.

Visa Direct Transaction Growth

Visa Direct transactions crossed 10 billion over the last 12 months, with nearly 3 billion transactions this quarter, reflecting a 34% year-over-year growth.

Value-Added Services Revenue Growth

Revenue from value-added services grew 18% in constant dollars, driven by strong growth in consulting and marketing services, issuing solutions, and risk and identity solutions.

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Visa (IT:1V) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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IT:1V Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 25, 2018	2018 (Q3)	- / 1.16	0.828	39.53% (+0.33)	―	―
Oct 24, 2018	2018 (Q4)	- / 1.17	0.867	34.44% (+0.30)	―	―
Jan 30, 2019	2019 (Q1)	- / 1.25	1.04	20.37% (+0.21)	―	―
Apr 24, 2019	2019 (Q2)	- / 1.26	1.069	18.02% (+0.19)	―	―
Jul 23, 2019	2019 (Q3)	- / 1.32	1.156	14.17% (+0.16)	―	―
Oct 24, 2019	2019 (Q4)	- / 1.42	1.165	21.49% (+0.25)	―	―
Jan 30, 2020	2020 (Q1)	- / 1.41	1.252	12.31% (+0.15)	―	―
Apr 30, 2020	2020 (Q2)	- / 1.34	1.262	6.11% (+0.08)	―	―
Jul 28, 2020	2020 (Q3)	- / 1.02	1.319	-22.63% (-0.30)	―	―
Oct 28, 2020	2020 (Q4)	- / 1.08	1.416	-23.81% (-0.34)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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IT:1V Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 30, 2025	€325.80	€332.55	+2.07%
Oct 29, 2024	€262.97	€269.01	+2.30%
Jul 23, 2024	€243.08	€233.13	-4.10%
Apr 23, 2024	€254.26	€256.69	+0.96%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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