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Visa shares gain on better-than-expected fourth-quarter earnings

“Visa said its fiscal fourth-quarter earnings rose to $2.85 billion, or $1.23 per Class A share, from $2.14 billion, or 90 cents per Class A share, a year ago” writes Markets Reporter for marketwatch.com. Analysts surveyed by FactSet had forecast quarterly earnings of $1.20 a share on revenue of $5.44 billion.V, -3.49% gained in Wednesday’s extended session after the credit-card company reported quarterly results ahead of Wall Street’s estimates.
 
Source: marketwatch.com



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