For fiscal 2020, Visa estimates EPS to grow in mid-teens on a GAAP and adjusted basis and low double-digit growth in revenues on a GAAP and adjusted basis.
On a constant-dollar basis, payments volume for the three months ended December 31, 2019, grew 8% over the prior year. Cross-border volume grew 9%. Total processed transactions, which represent transactions processed by Visa, for the three months ended December 31, 2019, were 37.8 billion, an 11% increase over the prior year.
Earlier this month, Visa signed a definitive agreement to acquire Plaid, a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives. Visa will pay $4.9 billion cash consideration and $0.4 billion of retention equity and deferred equity consideration.
Visa stock, which closed down 1.64% at $208.21 today, had gained 11% in the past 30 days and 16% in the past three months.