Visa Inc (V) Tops Q2 Earnings Estimates

Visa Inc (NYSE:V) released its earnings report for the quarter beginning April 1 this afternoon after the closing bell rang in New York. The credit card company showed earnings per share of $1.88 for the three months ending June 30 this afternoon. The company's revenue in the second quarter of the year amounted to $3 billion according to the report.

In the run up to the earnings announcement analysts following Visa Inc (NYSE:V) were looking for earnings of $1.80 per share for the period on revenue totaling $2.9 billion. In the third quarter,...