Categories AlphaGraphs, Earnings, Finance

Infographic: Highlights of Visa (V) Q2 2022 earnings report

Credit card giant Visa Inc. (NYSE: V) has reported a double-digit increase in net profit and revenues for the second quarter of 2022. The results also exceeded Wall Street’s estimates, driving the company’s stock higher.

Visa Q2 2022 earnings infographic

At $7.2 billion, second-quarter revenues were up 25% year-over-year and above analysts’ consensus forecast. Cross-border volume, excluding transactions within Europe, increased 47% on a constant-dollar basis for the three-month period.

Second-quarter earnings moved up to $3.65 billion or $1.70 per share from $3.03 billion or $1.38 per share in the same period of 2021. Adjusted earnings, excluding special items, rose to $1.79 per share from $1.38 per share in the prior-year quarter.


Check this space to read management/analysts’ comments on Visa’s Q2 2022 earnings


“We had a very strong quarter amidst the invasion of Ukraine and our decision to suspend operations in Russia, with GAAP EPS up 23% and non-GAAP EPS up 30%. The Omicron variant impacts were short-lived and the global economic recovery that began in the middle of last year continued,” said Alfred Kelly, Jr., CEO of Visa.

Prior Performance

  • Visa Q1 2022 earnings infographic
  • Visa Q4 2021 earnings results

_________________________________________________________________________________________________________________

Stocks you may like:

Bank of America (BAC) Stock

Wells Fargo (WFC) Stock

JPMorgan Chase (JPM) Stock

Citigroup (C) Stock

Goldman Sachs (GS) Stock

Morgan Stanley (MS) Stock

_________________________________________________________________________________________________________________

Most Popular

Cost reduction has become a priority for FedEx (FDX) after a challenging quarter

Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for

Prime Medicine is the next big biotech to pursue IPO. Here’s all you need to know

After a soft start to the year, the IPO market has witnessed muted activity so far though a few big companies entered the stock market. On the heels of AIG

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top