Visa reports Q3 adjusted EPS $2.98, consensus $2.85

Reports Q3 revenue $10.2B, consensus $9.85B. Ryan McInerney, Chief Executive Officer, Visa (V), commented on the results: “Visa delivered another strong quarter, with 14% net revenue growth, 12% GAAP EPS growth and 23% nonGAAP EPS growth. Healthy business driver trends continued through the quarter and into the first few weeks of July. Consumer spending remains resilient, with continued strength in discretionary and non-discretionary growth in the U.S. Looking ahead, our continued focus on innovation and product development in dynamic areas like AI and stablecoins is helping to shape the future of commerce while delivering sustainable, long-term value for our shareholders.”