04:45 PM EDT, 04/29/2025 (MT Newswires) -- Visa (V) late Tuesday reported stronger-than-expected fiscal second-quarter results as the payment processor benefited from gains in payments and cross-border volume.

Adjusted earnings increased to $2.76 per share during the three months ended March 31 from $2.51 a year earlier, higher than the consensus on FactSet for $2.68. Revenue rose 9% to $9.59 billion, exceeding Wall Street's $9.55 billion view.

Payments volume increased 8% year-over-year, while total cross-border volume climbed 13% on a constant-dollar basis. Transactions processed by Visa reached 60.7 billion, a 9% increase.

Visa expects current-quarter net revenue to grow by a low-double digit annually on an adjusted constant-dollar basis. Adjusted EPS is seen rising by high-teens.

For fiscal 2025, the company continues to forecast low-double-digit growth in revenue and adjusted EPS to rise in the low-teens range.