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Visa Profit Beats Estimates on Gains in Cross-Border Spending

Visa Profit Beats Estimates on Gains in Cross-Border Spending

Bloomberg3 days ago
Visa Inc. reported a fiscal third-quarter profit that topped Wall Street estimates as the world's biggest payments network reported double-digit gains in cross-border purchases and processed transactions.
Adjusted net income rose 19% to $5.8 billion, or $2.98 a share, the San Francisco-based company said Tuesday in a statement. That beat the $2.85 average estimate of analysts surveyed by Bloomberg.
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