Wednesday, October 26, 2011

BREAKING NEWS: Visa’s 4Q EPS Tops Views

Visa on Wednesday posted 4Q earnings that were a bit better than Wall Street had anticipated, while revenue was in-line with views. The company said after the bell that it earned $1.27 a share on revenue of $2.38 billion in the quarter, with Wall Street looking for net income of $1.25 a share on sales of about $2.39 billion. The shares are easing in after-hours trading.


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