News Formal

Visa's stock up 2% on earnings beat; card giant says consumers are 'resilient'

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

‘Confident in our ability to deliver against a backdrop of geopolitical and economic uncertainty,’ Visa says

Visa Inc.’s shares rose 2% in the extended session Tuesday after the company reported quarterly results that topped Wall Street views, saying consumer spending was “resilient.”

Visa V, +1.35% logged adjusted earnings per share of $2.33, whereas analysts tracked by FactSet were expecting $2.25.“Throughout the year, we have seen resilient consumer spending, ongoing recovery of cross-border travel spend versus 2019 and continued growth across our new flows and value-added services businesses,” Visa Chief Executive Ryan McInerney said in a statement.

Visa saw a 9% increased in payments volume for the September quarter, along with a 10% boost in processed transactions.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Visa earnings: What to expect from the payments giantVisa reports fiscal fourth-quarter results after the close of trading Tuesday
La source: MarketWatch - 🏆 3. / 97 Lire la suite »