• Company News: Visa (V) yesterday reported better than expected first fiscal quarter profits

Market news

30 January 2015

Company News: Visa (V) yesterday reported better than expected first fiscal quarter profits

Visa (V) earned $2.53 per share in the first fiscal quarter, beating analysts' estimate of $2.49. Revenue in the first fiscal quarter increased 7.2% year-over-year to $3.38 billion, exceeding analysts' estimate of $3.34 billion.

Visa (V) shares increased to $256.80 (+3.55%) prior to the opening bell.

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