Visa Stock Moves Up After Upbeat Q4 Profit, Retail’s Extremely Bearish

synopsis

Visa Inc. (V) shares edged high on Friday after beating Wall Street estimates for quarterly profit.

According to Koyfin data, the payments firm posted fiscal first-quarter adjusted earnings of $2.75 per share, compared with the average analysts’ estimate of $2.66 per share.

Its quarterly revenue of $9.51 billion also beat the market estimate of $9.34 billion.

"Visa's strong first-quarter results reflected healthy spending during the holiday season and improving trends in payments volume, cross-border volume, and processed transactions growth,” CEO Ryan McInerney said in a statement.

Visa’s total payments volumes rose 9% while cross-border volumes jumped 16%.

Earlier on Thursday, peer Mastercard also posted a 12% rise in gross dollar volume, which signifies the total number of transactions processed.

However, its operating expenses rose 22% to $3.3 billion for the fiscal first quarter,
primarily driven by increases in personnel and general and administrative expenses.

The San Francisco-based firm projected entire fiscal year revenue to rise by low double-digit percentage points.

Visa said it expects fiscal second-quarter revenue to rise between high single-digit to
low double-digit percentage points.

However, it also forecasted a similar rise in operating costs during the second quarter.

Retail sentiment on Stocktwits plummeted to ‘extremely bearish’ (0/100) territory, while retail chatter increased to ‘normal’ levels.

V’s Sentiment Meter and Message Volume as of 02:32 p.m. ET on Jan. 31, 2025 | Source: Stocktwits

Some users expected the stock to drop as it hovered near 52-week highs.

Over the past year, Visa stock has gained nearly 24%, with gains of 8% so far in 2025.

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