Visa Inc (BUE:V)

ARS 19325 75 (0.39%) Market Cap: 613.41 Til Enterprise Value: 620.15 Til PE Ratio: 32.34 PB Ratio: 16.04 GF Score: 79/100

Visa Inc at MoffettNathanson Payments, Processors, and IT Services Summit (Virtual) Transcript

May 10, 2021 / 01:00PM GMT

Release Date Price: ARS5438

Transcript

Lisa Ann Dejong Ellis

MoffettNathanson LLC - Partner

All right. Thank you. Welcome back, guys. We are back and absolutely delighted for our 9:00 a.m. session to have Al Kelly, the Chairman and Chief Executive Officer of Visa, joining us, one of our main events of the 2-day summit. So Al, thank you so much for being here.

And I'd just say, maybe before we dive into the Q&A for our fireside chat, are there any opening comments that you would like to make?

Alfred Francis Kelly

Visa Inc. - Chairman & CEO

Well, first of all, Lisa, it's a pleasure to be with you and a belated Happy Mother's Day, too. I hope you had a good weekend. Look, I would say a couple of things. Number one is we are certainly at the beginning of a recovery. All of our metrics, except for cross-border, are better than they were in 2019, which I think is the most relevant comparison point at this point. Revenue and EPS is greater than '19, and that's despite travel being down, especially cross-border travel being down.

The recovery is going to be bumpy. It's going to

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