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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.

https://www.marketwatch.com/story/visa-tops-earnings-expectations-but-feels-the-sting-from-travel-slowdown-11603917003



Submitted October 28, 2020 at 07:27PM by tellg1291 https://ift.tt/3jH62Cu

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