Visa Reports Better-Than-Expected Q4 Results: Details
Portfolio Pulse from Erica Kollmann
Visa Inc. reported better-than-expected Q4 results with earnings of $2.71 per share and revenue of $9.6 billion, surpassing analyst estimates. The company also announced a 13% increase in its quarterly cash dividend.
October 29, 2024 | 8:33 pm
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Visa reported strong Q4 earnings and revenue, exceeding analyst expectations. The company also increased its quarterly dividend by 13%, indicating confidence in its financial health.
Visa's better-than-expected earnings and revenue, along with a significant dividend increase, suggest strong financial performance and positive investor sentiment. This is likely to drive the stock price up in the short term.
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