Categories AlphaGraphs, Finance

Visa Inc. (V) Earnings: 1Q21 Key Numbers

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

KB Home (KBH): A look at the homebuilder’s expectations for the year

Shares of KB Home (NYSE: KBH) have dropped 35% year-to-date and 28% over the past 12 months. Last week, the company reported second quarter 2022 earnings results that surpassed expectations

Trade Desk’s stock can strengthen your investment portfolio. Here’s why

Trade Desk, Inc. (NASDAQ: TTD) has remained a much sought-after demand-side platform despite challenging market conditions and growing inflationary pressure, but its stock suffered heavy selling in recent months. The

NKE Earnings: Nike Q4 profit and sales decline but beat estimates

Nike, Inc. (NYSE: NKE) has reported stronger-than-expected sales and net profit for the fourth quarter of 2022, despite inflationary pressures. However, both the top line and earnings decreased from last

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