Visa reported third-quarter fiscal 2026 adjusted earnings of $3.32 per share, up 11% year over year and beating the Zacks Consensus Estimate by 2.8%, while net revenues rose 14% to $11.63 billion, also topping expectations. The results were driven by resilient spending, a 13% increase in cross-border volume on a constant-dollar basis, and a 10% rise in payments volume, though higher operating expenses partially offset the gains. The company returned $6.2 billion to shareholders through $4.9 billion in buybacks and $1.3 billion in dividends, leaving $28.4 billion in authorized repurchase capacity. For the fourth quarter, Visa expects adjusted net revenue growth in the low-double-digit to low-teens range and adjusted earnings per share growth in the mid-teens, while for fiscal 2026 it now projects adjusted net revenue growth in the low-end of the mid-teens range. Since the report, estimates have trended downward, and Visa holds a Zacks Rank #3 (Hold).
Visa Inc. Class AVisa beat Q3 estimates on earnings and revenue, driven by strong cross-border and payments volume, and raised guidance.
