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Visa posted $ 6.6 billion in total revenue in the fourth quarter of fiscal 2021, ended September 30, slightly exceeding analysts’ forecasts ($ 6.5 billion). The figure emerges from the quarterly data released by the company.
Beyond expectations also net earnings per share on an adjusted basis, amounting to $ 1.62. Experts had expected $ 1.55.
Visa’s overall payment volume increased 17% in the quarter ended September, while transactions processed grew 21%. This trend is a clear sign of the recovery in consumption observed globally. The stock fell -0.9% due to conservative 2022 earnings forecasts.