Visa Inc (NYSE:V) Business Services Stock Released Its Earnings

Experts Expectations vs Actual:

The company reported adjusted net income of $1.60 per share. The company beat the estimate of $1.50 per share. V beat the average revenue estimate of $2.48 billion.

Visa Inc vs Industry Leaders:

The company is ranked 113^th among 419 Business Services Companies by return on equity. The company maintains the return on equity of 15.37 percent maintained in its industry. The company maintains the P/E ratio of 18.85 percent which ranks it 114^th among its industry peers.

1^st Quarter 2012 Financial Results:

Revenue:

Visa Inc (NYSE:V) reported the revenue of $2.57 billion for the quarter ended March 31^st, 2012 as compared to revenue of $2.24 billion for the same period last year.

Net Income 2012 vs Net Income 2011:

Visa Inc (NYSE:V) reported the net profit of $1.29 billion or earnings of $1.34 per share for the respective quarter as compared to net income of $881 million or earnings of $0.85 per share last year.

Balance Sheet:

The company’s total assets accumulate up to $36.84 billion with highest proportion of current assets in its composition. The company maintains strong short term liquidity position as per its current ratio of 2.87 times. Its total liabilities stand at $8.32 billion as compared to its total equity of 28.52 billion.

Visa Inc’s Competitors:

MasterCard Incorporated (NYSE:MA), Fidelity National Information Services (NYSE:FIS), American Express Company (NYSE:AXP), Discover Financial Services (NYSE:DFS), Green Dot Corporation (NYSE:GDOT), NetSpend Holdings Inc (NASDAQ:NTSP), CompuCredit Holdings Corp (NASDAQ:CCRT), Alliance Data Systems Corp. (NYSE:ADS), Fiserv, Inc. (NASDAQ:FISV), Citigroup (NYSE:C), Bank of America (NYSE:BAC), JP Morgan Chase (NYSE:JPM) and MoneyGram Intl., Inc. (NYSE:MGI).