Overview
- Adjusted earnings per share reached $4.15, beating the $4.03 consensus estimate.
- Net revenue climbed 17% year-over-year to $8.1 billion, surpassing forecasts of $7.97 billion.
- Transaction volumes expanded with gross dollar volume up 9%, purchase volume rising 10% and cross-border payments climbing 15%.
- Revenue from value-added services grew 22% as fraud prevention and digital offerings gained traction.
- Leadership tightened full-year guidance to low-teens revenue growth and analysts raised price targets following the results.