Visa Delivers Reassuring Read on the US Consumer: No Signs of Spending Weakness
Visa (V) Q3 earnings beat Wall Street estimates with $3.32 EPS and $11.63B revenue as payments volume surpassed $4T for the first time.
Visa processed record amounts of money this quarter, suggesting people are still spending and shopping normally. When a big payments company like this shows strength, it hints the overall economy and consumer mood remain healthy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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