| As of Monday, November 23rd: |
LATEST EARNINGS RESULTS
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Credit card network Visa said that quarterly earnings rose 41 percent as fee revenue from international transactions rose.
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The results were better than Thomson's estimate of 48 cents per share.
Visa [V
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] said net income for the fiscal third quarter ended June 30 was $422 million, or 51 cents per class A share, compared with pro forma results of $299 million in the same quarter a year earlier, when the company was privately held.
Excluding litigation, restructuring and other expenses and items, the company earned 59 cents per class A share, compared with analysts' average forecast of 50 cents a share.
Total operating revenue rose to $1.61 billion from $1.37 billion in the same quarter a year earlier.
International transaction fee revenue rose 44 percent to $449 million.
Visa shares rose about 4.5 percent in extended trade.
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Data is a real-time snapshot *Data is delayed at least 15 minutes