Reported about 20 hours ago
Visa reported better-than-expected third-quarter profits driven by strong consumer spending, but maintained its low single-digit revenue growth forecast for the fiscal year 2025, causing shares to fall nearly 2% in after-hours trading. Analysts noted that while the results were solid, the unchanged revenue outlook raised concerns about potential slowing growth, particularly as consumer spending patterns shift due to tariff-related fears.
Source: YAHOO