Visa (V) Estimates Cut As Target Price Raised - Piper Jaffray

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Visa Inc. Reports Fiscal Second Quarter 2016 Results

April 21, 2016 4:05 PM EDT

GAAP quarterly net income of $1.7 billion or $0.71 per share including a non-recurring, non-operating gain related to currency forward contracts Adjusted quarterly net income of $1.6 billion or $0.68 per share excluding a non-recurring, non-operating gain related to currency forward contracts

SAN FRANCISCO--(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced financial results for the Companys fiscal second quarter 2016. GAAP net income for the quarter, inclusive of a non-recurring, non-operating gain related to currency forward contracts, was $1.7 billion, or $0.71 per share. All references to earnings per share assume... More