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Visa Shares Climb Following Earnings Beat
Thursday, January 30, 11:45 AM ET

This morning, Visa (NYSE:V) reported fiscal first quarter earnings of $1.41 billion, or $2.20 per share, as revenue climbed by 11% to $3.16 billion. The credit card company topped Wall Street estimates on both the top and bottom line, sending shares higher on Thursday morning. In the report, Visa noted that it continues to take steps to ensure the security of its network and has plans to adapt new safeguards in the wake of the massive security breach that impacted Target customers during the holiday season. In early trading, shares of Visa were higher by more than 3% so far.

For MarketNewsVideo.com, I'm Sayoko Murase.

Visa Shares Climb Following Earnings Beat picture
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