Visa Beats Q3 Estimates But Holds Guidance Steady Amid Tariff Concerns

Visa (NYSE:V) reported better-than-expected third-quarter results but kept its full-year outlook unchanged, despite global economic uncertainty and ongoing trade tensions.

The company earned $2.98 per share on $10.2 billion in revenue for the quarter ended June 30, beating Wall Street expectations of $2.84 and $9.84 billion, respectively.

Net revenue rose 14% year-over-year, supported by increased payments volume and cross-border activity. Payments volume grew 8%, while cross-border transactions climbed 12% and total processed transactions increased 10%.

Visa said U.S. consumer spending remained strong across both discretionary and non-discretionary categories, despite the broader macroeconomic challenges stemming from tariffs and inflationary pressures.