Visa beats even after Mastercard missed earlier today. Payment volume rose by 4%.
Q3 revenue was $5.10 billion vs $5 billion expected. Adjusted net income per share was $1.12 vs $1.09 expected.
Stock is up 1% in after hours after a 4.8% drop today.
Feels like the right time to add to the position for a long term investor. The digitalization of payments and their continued investments in tech will continue to deliver value.
Submitted October 28, 2020 at 07:27PM by tellg1291 https://ift.tt/3jH62Cu
