Visa's tepid revenue outlook clouds profit beat, shares drop

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Visa (V) reports better-than-expected Q1 earnings

January 25, 2024 4:32 PM EST

Visa (NYSE: V) stock fell 2.3% in after-hours trading after the payment processing giant unveiled financial results for the first quarter.

The company reported Q1 earnings per share (EPS) of $2.41, beating the consensus projection of $2.34. Revenue came in at $8.6 billion, up 9% year-over-year, and also... More