The rally is fueled by record growth and aggressive shareholder returns:
- Earnings Beat: Visa reported adjusted EPS of $3.31, comfortably beating the analyst consensus of $3.10.
- Strongest Growth in Years: Net revenue jumped 17% year-over-year to $11.2 billion, marking its strongest expansion rate (excluding post-pandemic recovery) since 2013.
- Massive Buybacks: The company executed its largest-ever quarterly stock buyback of $7.9 billion and authorized a new $20 billion multi-year repurchase program.
- Segment Momentum: Value-added services revenue surged 27%, and Visa Direct transactions increased 23%, signaling strong diversification beyond traditional card payments.
- Raised Guidance: Management raised its full-year outlook to low double-digit/low teens revenue growth and low teens adjusted EPS growth.
Visa ($V) is seeing a significant surge today, April 29, 2026, with the stock up approximately 8.6% to $337.76 following blowout earnings.
byu/Guy_PCS instocks
Posted by Guy_PCS
1 Comment
Yay!
I own Visa. It’s been lagging recently and needed this boost.