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Visa Inc. decreased 2.3% to $343.06 despite the payment processing company reporting an increase in revenue and earnings in the June quarter.
Consolidated revenue in the June quarter increased 14% to $10.2 billion from $8.9 billion, net income advanced 8% to $5.3 billion from $4.9 billion, earnings per diluted share rose from $2.29 to $2.40, and operating expenses jumped 35% to $4 billion from $3 billion a year ago.
For the nine-month period, revenue advanced to $29.3 billion from $26.3 billion, net income soared to $15 billion from $14.4 billion, diluted e More
Jul 30, 2025 -
Starbucks Corp. gained 4.3% to $97.25 after the coffee chain retailer reported a slight increase in revenue and a 47% decline in profit in the fiscal third quarter.
Revenue increased to $9,556 billion from $9,113.9 billion, net income declined to $558.3 million from $1.1 billion, and diluted earnings per share fell to 49 cents from 93 cents a year ago.
Operating income decreased to $218.4 million from $235.2 million a year earlier, respectively.
The company board declared a cash dividend of $0.61 per share, payable on August 29, 2025.
In M More
Jul 30, 2025
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