Categories AlphaGraphs, Earnings, 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

Snowflake (SNOW) appears to be on solid footing despite cloud slowdown

The cloud computing market witnessed accelerated growth in the last couple of years, as enterprises across the world shifted their digital assets to cloud for ensuring safety and enhancing data

Dollar Tree (DLTR) vs. Dollar General (DG): How did the third quarter turn out for these discount retailers?

In times of high inflation and economic uncertainty, consumers tend to turn to discount retailers in search of more value. The two leading discount retailers Dollar Tree Inc. (NASDAQ: DLTR)

Kroger (KR) looks set to start 2023 with new vigor. Is the stock a buy?

The retail environment has witnessed many changes in customers’ shopping behavior lately, especially after the COVID outbreak. With inflation putting pressure on personal finances, there appears to be a new

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