Visa Inc (NYSE:V) released its earnings report for the three months through March on Thursday afternoon in the wake of the bell’s toll on Wall Street. The company showed earnings of $2.20 (ex-items) per share for the three months. Revenue for the quarter, which Visa records as its second of fiscal 2014, came in at $3.16 billion. On today’s market shares in the credit card company trended upward and finished the day trading at $209.40. In the run-up to the release of the second quarter report, analysts following Visa Inc (NYSE:V) forecast earnings of $2.18 per share. Revenue for the period…
Visa Inc (V) Beats Earnings Expectations, But Misses Revenue Estimates
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.