3 Reasons Visa Just Delivered A Great Quarter ... Again

Right now, little seems to be able to slow down the world's largest payments network. A new CEO comes in and immediately faces a series of questions and concerns? No problem. The company must seamlessly integrate its European sister after a company-transforming acquisition? Of course. And, just for good measure, why don't we lower the total estimated integration costs while we're at it. The company faces an increasing number of fierce competitors amid a rapidly evolving payments landscape? No worries.

Investors can relax after another quarter brings yet another stellar performance from Visa Inc (NYSE: V). Looking over the latest quarter for the payments network mega cap, there is hardly one metric or number that should elicit so much as a raised eyebrow of concern from investors. Net operating revenue was $4.6 billion, a 26% increase year-over-year. Total payment volume was $1.86 trillion, a 38% increase year-over-year. Once the acquisition of Visa Europe is accounted for, processed transactions grew 13% over the prior year's quarter. Bottom line growth was as impressive as top line. Excluding special items related to the acquisition of Visa Europe, both EPS and net income increased 26% year-over-year.

The strong quarter pushed Visa's stock price to new all-time highs and is now up 28% year-to-date. The company just continues to grow using an assortment of solutions from its toolbox and always seems to know exactly what tool to use in each situation. Let's take a closer look to see how the latest quarter's results were powered by cooperation, expansion, integration, and execution.

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Source: Fool.com