Visa’s Earnings Beat Matched With Big Share Buyback Plan
Visa Inc. (NYSE: V) managed to exceed earnings estimates and the news is likely going to be viewed positively for rival Mastercard Inc. (NYSE: MA). Visa’s earnings were also bested by the announcement of a $1 billion share buyback plan…
Adjusted quarterly earnings came in at $1.1 billion, or $1.56 per share outside of a litigation provision and related tax benefit. Thomson Reuters was calling for $1.45 EPS. Investors may be spooked by the $1.8 billion GAAP loss, but this reflects a litigation provision of $4.1 billion covered under the company’s retrospective responsibility plan. On top of the $1 billion share buyback, Visa deposited $150 million into the litigation escrow fund. The $1 billion compares to a market cap of about $82 billion.
The credit card processing giant reported that payments volume growth was a positive 6% over the prior year at $979 billion on a constant dollar basis. Cross-border volume growth on a constant dollar basis was up 14% for the quarter.
Visa shares closed down 0.3% today but the shares are up by 1.2% at $123.66 in the after-hours trading session. Its 52-week high is up at $131.00.
JON C. OGG
Contact [email protected] for any questions or corrections.
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
![An infographic displaying financial data for a stock. At the top, a green box shows 'ANALYST TARGET $396.83'. Below, 'GAP: ~28% UPSIDE' is indicated with a green upward arrow. A red box beneath reads 'CURRENT PRICE (V) $309.84'. At the bottom, a red downward arrow points to '13.56% YTD'. To the left, a section titled 'ANALYST RATINGS (39 TOTAL)' shows '36 STRONG BUY / BUY', '3 HOLD', and '0 SELL', with a bar chart visualizing these proportions and '39 Analysts Covering'. To the right, 'RECENT PERFORMANCE vs S&P 500' shows two bar charts: one red for 'V: -13.56%' and one gray for 'S&P 500: [Decline]'. The source '24/7 Wall St' is visible in the bottom left.](https://247wallst.com/wp-content/uploads/2026/04/v-price-drop-vs-target-featured-1775659447438-200x112.webp)
