Visa Beats Earnings Estimate on Robust Consumer Spending

Key TakeawaysVisa's Q4 earnings at $4.9 billion, or $2.39 per diluted share, beat analyst expectations.The company's revenue grew 9% to $8.6 billion.Robust consumer spending drove up payments volumes by 8%.Visa Inc. (V)'s first quarter results for fiscal year 2024 beat analyst expectations bolstered by credit card transaction volumes due to robust consumer spending. The company's shares are down 2.42% in after-hours trading.Net income of $4.9 billion, or $2.39 per diluted share, was up versus the $4.7 billi ...