) shares climbed over 3% in after-hours trading Tuesday after the payment processor posted earnings and revenue that topped Wall Street expectations for the fiscal Q2 2024.
Payment volume grew 8% during the period, while cross-border volume excluding intra-Europe popped by 16%. For its third-quarter EPS, Visa expects them to be at the high end of the low double-digits range, with full-year EPS growth expected in the low teens.Of course! People are charging everything on their cards. Rent, food, gas. Surpassed $1 TRILLION in personal CC debt. It won't lastRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.