FBR Capital Upgrades Visa (V) to Outperform
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Visa (V) Tops Q4 EPS by 8c; New $5B Stock Buyback Plan
October 29, 2014 4:13 PM EDTVisa (NYSE: V) reported Q4 EPS of $2.18, $0.08 better than the analyst estimate of $2.10. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.19 billion.
The Company authorized a new $5.0 billion repurchase program, in addition to the previously announced 20% quarterly dividend increase.
"Our enviable competitive position, strong business model, and great talent helped us deliver adjusted EPS growth of 17%... More
