Company News: Visa (V) quarterly earnings beat analysts’ expectations

Market news

2 February 2018

Company News: Visa (V) quarterly earnings beat analysts’ expectations

Visa (V) reported Q1 FY 2018 earnings of $1.08 per share (versus $0.86 in Q1 FY 2017), beating analysts' consensus estimate of $0.98.

The company's quarterly revenues amounted to $4.862 bln (+9.0% y/y), generally in-line with analysts' consensus estimate of $4.824 bln.

V fell to $123.60 (-1.69%) in pre-market trading.

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