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Visa says spending is growing at a healthy rate, but its stock dips after earnings - MarketWatch

1. Visa's payment volume grew 8% in the fiscal third quarter. 2. Revenue reached $10.17 billion, exceeding consensus estimates. 3. Cross-border volume increased 12%, indicating strong travel and e-commerce. 4. Adjustable EPS rose 23%, beating analyst expectations. 5. U.S. volume growth in early July surpassed June figures.

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FAQ

Why Bullish?

Despite a slight decline in after-hours trading, strong growth metrics suggest resilience, similar to periods of robust consumer spending historically linked to positive stock movements.

How important is it?

The consistent growth in payment volumes and adjusted EPS highlights strong underlying business health, which can lead to stock appreciation.

Why Short Term?

The immediate consumer spending trends and exceeding earnings expectations could positively influence V in the upcoming weeks.

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