Company News: Visa (V) posts quarterly results generally in line with consensus

Market news

2 November 2015

Company News: Visa (V) posts quarterly results generally in line with consensus

Visa reported Q4 (Sep) earnings of $0.62 per share (versus $2.18 in Q3 FY 2014), slightly missing analysts' consensus of $0.63.

The company's revenues amounted to $3.571 bln (+10.6% y/y), generally in-line with consensus estimate of $3.563 bln.

V fell to $76.00 (-2.04%) in pre-market trading.

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Foreign exchange market. European session: the British pound traded higher against the U.S. dollar after the better-than-expected manufacturing PMI data from the U.K.

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