Visa’s fourth-quarter profit beat estimates on Tuesday as consumers, undeterred by inflation and the cost of living crisis, continued to use their cards for dining out and travel.
On an adjusted basis, the world’s largest payment processor reported profit of $2.33 per share in the three months ended Sept. 30. Analysts on average had expected $2.24 per share, according to LSEG data. (Reporting by Manya Saini in Bengaluru; Editing by Pooja Desai)
2023-10-24 20:15:03
#Visas #Quarterly #Profit #Beats #Estimates #Consumers #Continue #Spend #Big
Related posts:
Southbound Funds Purchase Net of Over 1 Billion on March 21: Overcoming WuXi Biologics' Decline with...
Government Cuts to Elderly Care Budget Revealed: Impact and Controversies
Government Unveils Plan to Combat School Bullying: Measures include empathy lessons, banning social ...
The World Bank Announces Increased Funding for Climate Protection and Global Challenges
