What Visa's Earnings Mean for Mutual Fund Investors (V)

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What Visa's Earnings Mean for Mutual Fund Investors (V)

Shauna O'Brien Jan 30, 2015



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
Revenue rose to $3.38 billion from $3.16 billion a year ago. Analysts expected to see revenue $3.34 billion.

Outlook
Visa reaffirmed its 2015 revenue growth outlook of growth in low double digits.

Stock Split
Visa also announced a 4-for-1 stock split.


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