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$Visa (V.US)$ On Oct. 26, Visa beat Q4 estimates, thanks in ...

$Visa(V.US)$ On Oct. 26, Visa beat Q4 estimates, thanks in large part to a rebound in cross-border transactions. Visa reported earnings of $1.62 per share, a 45% jump from the year-ago quarter, on sales of $6.6 billion, a 29% increase. EPS was $5.91 for the year, while revenue rose 10% to $24.1 billion. $FactSet Research Systems(FDS.US)$ FactSet analysts had expected EPS of $1.55, a 44% year-over-year increase. Revenue was seen coming in at $6.52 billion, 28% higher than the year-ago quarter.
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