S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Banking, finance, and taxes

Visa Numbers Looking Good Enough Ahead (V, MA)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

visa-logoVisa, Inc. (NYSE: V) has posted earnings of $0.71 EPS and $1.6 billion in net operating revenues.  Thomson Reuters had estimates at $0.64 EPS and $1.61 billion in revenues.   This appears to be good enough for even MasterCard Incorporated (NYSE: MA) on the surface.

The company said that revenue growth would be the high single digits in 2009 and at the low-end of a 11% to 15% range for 2010. The company hinted that it would sell securities after an S-3 filing comes within the next 10 days, but it stressed that no specific plans were in place to immediately raise cash.

We could go on and on about the metrics, but there is really just one question in all of this. Is that growth ahead good enough for today’s environment if you consider that it is lower?

Shares closed up 4.6% at $63.51 today and the initial response has shares up an additional 1% in the after-hours session. MasterCard closed up over 6% today at $178.21, and shares are flat after-hours.

JON C. OGG

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Why Your 401(k) Could Trigger a Tax Bomb in Retirement (And What to Do Now)
Jeremy Phillips |

Why Your 401(k) Could Trigger a Tax Bomb in Retirement (And What to Do Now)
"Did you buy It from the mob?": Dave Ramsey hosts floored by 21-year-old's 30% truck loan
Jeremy Phillips |

"Did you buy It from the mob?": Dave Ramsey hosts floored by 21-year-old's 30% truck loan

Continue Reading

Douglas A. McIntyre |

Visa, Safe Harbor For Financial Tsunami (V, MA)

Visa, Inc. (NYSE: V) has posted very pleasing earnings, one of the few bits of good news in the financial…
Douglas A. McIntyre |

First Solar Saves The Solar Power Sector (FSLR, SPWRA, STP, LDK, CSIQ, SOLR, ESLR)

First Solar, Inc. (NASDAQ: FSLR) has finally given its guidance from the conference call, and it looks like this and…
3 Reasons to Take a Closer Look at PayPal Stock (PYPL)
Paul Ausick |

3 Reasons to Take a Closer Look at PayPal Stock (PYPL)

After reporting earnings Wednesday afternoon, PayPal stock has jumped nearly 7% on strong growth with more expected.
Paul Ausick |

Visa Beats Estimates but Gets No Glory

ThinkstockVisa Inc. (NYSE: V) reported first-quarter fiscal 2013 results after the markets closed today. Adjusted earnings per share (EPS) were…
Douglas A. McIntyre |

CROCS Traders Send Shares To Everglades (CROX)

Shares of CROCS Inc. (NASDAQ:CROX) are getting hammered in after-hours trading.  The highly successful maker of ugly shoes that everyone…
Chris Lange |

Why MasterCard and Visa Are Both Earnings Winners

Before markets opened Friday morning, MasterCard reported better-than-expected fourth-quarter results.
Douglas A. McIntyre |

American Express Met Estimates, Sort Of

American Express (AXP-NYSE) issued earnings mid-day today with $0.76 EPS and revenues of $7.2 Billion; Estimates were $0.76 and $7.3…
Jon C. Ogg |

9 Top After-Hours Stocks on the Move for Thursday

ThinkstockThursday has several stocks on the move in the after-hours session. Some are on earnings, others are on outside news…
Paul Ausick |

Twitter Earnings Crushes Shares

courtesy of TwitterTwitter Inc. (NYSE: TWTR) reported first quarter 2014 results after the markets closed Tuesday. The social messaging company…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618