Visa Inc (V) Beats Earnings Expectations, But Misses Revenue Estimates

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HFA Staff
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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…

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