Visa quarterly profit jumps on resilient consumer spending
Visa quarterly profit jumps on resilient consumer spending Oct 27 (Reuters) - Visa V.N reported a jump in fourth-quarter profit on Tuesday as customers swiped their cards to pay for travel, dining out and shopping.
The world's largest payment processor's net income was $6 billion, or $3.19 per share, in the three months ended September 30, compared with $5.1 billion, or $2.62 per share, a year earlier.
(Reporting by Atharva Singh & Arasu Kannagi Basil in Bengaluru; Editing by Pooja Desai)
Recent news on Visa
See all newsBrief: M&T Bank Enhances M&T Visa® Credit Card With Rewards, Offering Up To 3X Points On Eligible Grocery Purchases
US STOCKS ON THE MOVE-AxoGen, Evercore, Caterpillar
U.S. STOCKS ON THE MOVE-Wingstop, Micron, IDEX
US STOCKS ON THE MOVE-Alphabet, AvePoint, Fortive
US STOCKS ON THE MOVE-Phillips 66, GE Vernova, Seagate