Visa Inc (V) Earnings Boom, EPS $1.92

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HFA Staff
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Visa Inc (NYSE:V) released its earnings report for the first three months of 2013 this afternoon, May 1, after the market closed. The firm revealed that it earned $1.92 in the first quarter of the year on revenue of $3 billion. On today’s market shares in Visa Inc (NYSE:V) trended down, closing at $166.02 per share. Visa Inc (NYSE:V) Earnings: In the run up to the release of this report, analysts following Visa Inc (NYSE:V) were looking for earnings per share of $1.81 per share on revenue totaling $2.9 billion. The company earned $1.60 per share in the first three months…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.