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VISA profit beats estimates
Visa profit beats estimates as discounts fuel holiday shopping splurge
Visa's first-quarter profit beat Wall Street estimates on Thursday, as easing concerns about an economic slowdown and discounts encouraged customers to splurge during the holiday shopping season. Retailers offered deep discounts on everything from apparel to toys and luxury products to lure cost-conscious consumers while online sales remained strong thanks to a boom in mobile shopping.
Visa's holiday spending, partnerships fuel earnings beat
The card brand also touted its payments partnership with the social media platform X as evidence of strength in its partnership strategy.
Visa Profit Tops Forecasts as Consumer Spending Holds Up
Visa on Thursday reported $5.1 billion of profits for the final three months of 2024, up 5% from the year prior, as consumer spending remains solid even as some inflation persists. Visa’s per-share earnings for its fiscal first quarter amounted to $2.
2h
on MSN
Visa reports Q1 beat, stock climbs in overtime
African elephants are one of the largest animals that currently exist, and there 7 animals that are able to get bigger than ...
2d
Prince Harry Visa Case Hits First Major Test Under Donald Trump
The new president has said he "wouldn't protect" the Duke of Sussex over a lawsuit about the royal's visa, and a court ...
2d
X seals payments deal with Visa in push toward Musk's 'everything app' goal, source says
Payments giant Visa and Elon Musk's X are partnering to offer direct payment solutions to customers of the social media app, ...
1d
on MSN
Visa approval crisis threatens to cost 2026 World Cup and L.A. Olympics millions
Will the Trump administration fix a backlogged visa approval process in time for fans from many countries to attend the World ...
2d
on MSN
Elon Musk’s ‘X Money’ Partners With Visa For Payments—Here’s What To Know About Venmo Rival
Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a ...
5h
V Earnings: Visa Gains after Topping Q4 Estimates
Shares of Visa (V) saw a slight boost in after-hours trading after the credit card company reported earnings for its fourth quarter of Fiscal ...
2d
X announces a partnership with Visa to power X Money’s wallet
Elon Musk-owned social network X announced a partnership with Visa to handle person-to-person payments for its upcoming X ...
2d
on MSN
Hundreds of US visa appointments canceled in Colombia following spat with Trump over deportations
The move followed a dispute between President Trump and President Gustavo Petro over deportation flights that nearly turned ...
2d
X Taps Visa as First Digital-Wallet Partner for ‘Everything App’
Elon Musk struck a deal with Visa Inc., naming the payments company the first major partner on his mission to turn X into an ...
2d
Elon Musk’s X Partners With Visa to Provide Financial Services
The social media company said it would start a peer-to-peer payments service, moving to expand the app’s abilities.
6h
Visa Q1 earnings top consensus, driven by strong holiday spending, cross-border volume
Visa (V) earnings and revenue for the first quarter of its fiscal year exceeded consensus estimates as its payment volume ...
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