Visa reports Q2 EPS $2.76, consensus $2.68

Reports Q2 revenue $9.6B, consensus $9.55B. Ryan McInerney, Chief Executive Officer, Visa (V), commented on the results: “Visa’s strong 9% fiscal second quarter net revenue growth was driven by healthy trends in payments volume, cross-border volume and processed transactions. Consumer spending remained resilient, even with macroeconomic uncertainty. Our strategy across consumer payments, commercial and money movement solutions and value-added services, our diversified business model, and our focus on innovation position us well for the rest of the fiscal year and beyond.”