Visa tops earnings expectations, boosts dividend
Earnings Results
Published: Oct. 26, 2021 astatine 4:39 p.m. ET
Company is seeing continued spending betterment amid the pandemic
Visa boosted its quarterly dividend to $0.375 a share.
Getty ImagesShares of Visa Inc. gained somewhat successful the aftermarket league aft the payments elephantine topped net and gross estimates portion boosting its quarterly dividend.
The institution posted fiscal fourth-quarter nett income of $3.6 billion, oregon $1.65 a share, up from $2.1 billion, oregon 97 cents a share, a twelvemonth earlier. On an adjusted basis, Visa earned $1.62 a share, up from $1.12 a twelvemonth prior. The FactSet statement was for $1.56 a stock successful GAAP net and $1.55 a stock successful adjusted earnings.
Visa’s...
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