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Visa Shares Dip After Slight Q3 Revenue Miss: Here's The Details
Visa, Inc. (NYSE:V) reported its third-quarter financial results Tuesday. Here's a look at the key figures from the report.
The Details: Visa reported quarterly earnings of $2.42 per share which met the analyst consensus estimate. Quarterly sales came in at $8.9 billion, missing the analyst consensus estimate of $8.92 billion by 0.18% and representing a 9.57% increase over sales of $8.12 billion from the same period last year.
The company reported payments volume increased 7%, cross-border volume increased 14% and processed transactions increased 10% in the third quarter.
Total processed transactions for the three months ...