Visa Inc. (NYSE: V) reported first quarter 2021 earnings results today.
Net revenues fell 6% year-over-year to $5.7 billion mainly due to the year-over-year decline in cross-border volume. Revenues decreased approx. 6% on a constant dollar basis.
Net income decreased 4% to $3.1 billion while EPS dropped 3% to $1.42 both on a GAAP and adjusted basis.
Due to the prevailing uncertainty over the COVID-19 pandemic and the state of the global economy, the company did not provide an outlook for the full year of 2021.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion
