Visa Inc. (NYSE:V ) Q1 2025 Earnings Conference Call January 30, 2025 5:00 PM ET Company Participants Jennifer Como - Senior Vice President & Global Head, Investor Relations Ryan McInerney - Chief Executive Officer Chris Suh - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Will Nance - Goldman Sachs Darrin Peller - Wolfe Research Andrew Jeffrey - William Blair Harshita Rawat - Bernstein Timothy Chiodo - UBS James Faucette - Morgan Stanley Jason Kupferberg - Bank of America Bryan Keane - Deutsche Bank Dominick Gabriele - Compass Point Bryan Bergin - TD Cowen Dan Perlin - RBC Capital Markets Andrew Schmidt - Citi Global Markets Craig Maurer - FT Partners Jeff Cantwell - Seaport Research Partners Tien-Tsin Huang - JPMorgan Operator Welcome to Visa's Fiscal First Quarter 2025 Earnings Conference Call. All participants are in a listen-only mode until the question-and-answer session.
CNBC's Hugh Son joins 'Fast Money' to talk Visa earnings.
While the top- and bottom-line numbers for Visa (V) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The payment method could debut later this year.
Visa (V) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.41 per share a year ago.
Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.
Revenue rose 10% from a year ago to $9.5 billion. Visa on Thursday reported $5.1 billion of profits for the final three months of 2024, up 5% from the year prior, as consumer spending remains solid even as some inflation persists.
Visa Inc. V will release earnings results for its first quarter, after the closing bell on Thursday, Jan. 30, 2025.
Visa plans to use the ServiceNow Dispute Management, Built with Visa solution to further streamline payment card dispute resolutions for clients and help issuers meet compliance requirements.
Beyond analysts' top -and-bottom-line estimates for Visa (V), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Visa Inc (NYSE:V) is partnering with social media platform X, formerly known as Twitter, to launch a digital wallet along with other products.
As X Money integrates with Visa Direct, millions of X users could start using Visa's network, driving up transaction volume and fees.