Visa profit tops estimates on consumer spending rebound

A credit card is seen in front of a displayed Visa logo in this illustration taken July 15, 2021. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSummaryCompaniesSees revenue growth above pre-COVID levelsShares gain 5% in after-market tradingApril 26 (Reuters) – Visa Inc (V.N) said on Tuesday it expects revenue to accelerate past pre-pandemic levels, reassuring investors of a sustained recovery against the backdrop of challenging macroeconomic conditions and sending its shares 5% higher in extended trading.The forecast from the world’s largest payments processor followed an upbeat quarter fueled by a rebound in consumer spending as easing pandemic restrictions and …
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