Visa calls out ‘resilient' spending upon earnings beat, but its stock falls
Visa Inc. shares were dipping in after-market trading Thursday, though the payments giant beat with its latest earnings during a period of “resilient” spending.The company generated fiscal first-quarter net income of 2.39 a share, compared with net income of 1.99 a share, in the year-prior period. After adjustments, Visa V, +0.35% earned 2.34 a share. Revenue rose to 7.94 billion, wherea ...