Visa Inc (V) Beats Estimates, Yelp Inc (YELP) Disappoints

Visa Inc (NYSE:V) announced its earnings for the last three months of 2012 on Wednesday, February 6, after the market closed. The company posted earnings of $1.82 per share for the period, on revenues of $2.85 billion. In anticipation of the release of this report, the market sent the company' shares up by a fraction.

In the same period of 2011, Visa Inc (NYSE:V) revealed earnings of $1.49 per share. Revenue for the last three months of 2011 came in at $2.5 billion. The last three months of each year is the first quarter on the Visa fiscal calendar, making this report the first quarter of 2013...