Visa Shares Fall Over 3% In Pre-Market After Slightly Missing Q3 Revenue Estimates
Portfolio Pulse from Benzinga Neuro
Visa Inc. (NYSE:V) shares fell over 3% in pre-market trading after the company slightly missed Q3 revenue estimates. Despite the miss, Visa reported strong growth in payment volume, cross-border volume, and processed transactions.

July 24, 2024 | 9:53 am
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Visa Inc. shares fell over 3% in pre-market trading after the company slightly missed Q3 revenue estimates. Despite the revenue miss, Visa reported strong growth in payment volume, cross-border volume, and processed transactions.
The slight miss on revenue estimates led to a 3% drop in Visa's share price in pre-market trading. However, the strong growth in payment volume, cross-border volume, and processed transactions indicates positive underlying business trends. The immediate market reaction is negative due to the revenue miss, but the long-term outlook remains positive.
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IMPORTANCE 80
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