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October 31, 2012 at 14:00 PM EDT
How to Play Visa Ahead of Earnings
MINYANVILLE ORIGINAL Visa Inc. (NYSE:V) is a payment technologies company that provides services to businesses consumers banks and governments. Visa develops technologies that enable the use of digital currency instead of cash and checks. Visa is also the world’s largest credit card processor. Visa is scheduled to announce quarterly earnings today after the market closes. Analysts expect Visa to report earnings of $1.50 per share on revenues of $2.7 billion. Visa has met or beat earnings estimates four of its last five reports with actual earnings beating estimates by 4.8% on average. V has also beat or met revenue ...
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