Inside V’s Earnings
The credit card company reported net income of $1.57 billion, or $2.53 per share, up from $1.41 billion, or $2.20 per share, last year. Analysts expected to see EPS of $2.49.
Revenue rose to $3.38 billion from $3.16 billion a year ago. Analysts expected to see revenue $3.34 billion.
Visa reaffirmed its 2015 revenue growth outlook of growth in low double digits.
Visa also announced a 4-for-1 stock split.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.34%|
|VFINX||Vanguard 500 Index||0.86%|
The Bottom Line
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