Visa

Visa reported record revenue of $46 billion (+15%) and net income of $23.5 billion (+17%) for fiscal year 2025/26. Revenue and earnings were largely in line with analysts' expectations. The stock fell about 2% in after-hours trading, despite management's goal to significantly boost revenue and earnings in the new fiscal year. Investors remain cautious due to geopolitical risks and inflation's impact on consumer behavior. » More on finanzen.net

Visa will report fourth fiscal quarter results after the US market close; the consensus is $3.44 earnings per share versus $2.98 a year earlier and revenue of about $12.09 billion. Investors are focusing on the outlook for fiscal 2027 and on whether revenue growth will outpace recently faster-rising costs and incentive payments. The stock is trading near a record high and is being driven in the short term mainly by the outlook and cost trends. » More on deraktionaer.de

Law firms Harcus Parker and Hausfeld have applied to the Competition Appeal Tribunal to bring a group claim alleging Visa set multilateral interchange fees that overcharged UK businesses on card payments since October 2020. The claim, funded by Bench Walk Advisors and led by Stephen Allen, could automatically include about 1m small UK businesses and seek roughly £5bn plus interest for fees charged between 2020 and 2026. Mastercard has issued a similar defence, and Visa says interchange is essential for the payments ecosystem; the case could take years to resolve. » More on theguardian.com