EPS $1.70 vs $1.65 expected
Revenue $7.19 billion vs $6.83 billion expected
Shares were up more than 4% in after-hours trading.
“The omicron variant impacts were short lived and the global economic recovery that began in the middle of last year continued,” Chief Executive Al Kelly said in a statement. “While the geopolitical environment remains uncertain, we expect continued growth driven by a robust travel recovery and through the enablement of traditional and newer ways to pay globally.”
Payment volume was up 17% in the quarter, while processed transactions were ahead 19%. Visa saw 38% growth in cross-border volume, or 47% when excluding transactions within Europe.
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