Visa Q3 2024 GAAP EPS $2.42, Inline, Sales $8.90B Miss $8.92B Estimate
Portfolio Pulse from Benzinga Newsdesk
Visa reported Q3 2024 GAAP EPS of $2.42, meeting analyst expectations. However, sales of $8.90 billion slightly missed the $8.92 billion estimate, though they increased by 9.57% year-over-year.
July 23, 2024 | 8:08 pm
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Visa's Q3 2024 earnings per share met expectations at $2.42, but sales slightly missed estimates at $8.90 billion, a 9.57% increase year-over-year.
While Visa's earnings per share met expectations, the slight miss in sales could create mixed reactions in the market. The year-over-year sales growth of 9.57% is a positive sign, but the miss on estimates might temper investor enthusiasm.
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