Visa Crushes Q3 Earnings Estimates; Shares Jump Late

Visa (V) easily topped fiscal third-quarter profit and revenue estimates, driving its stock price up in extended trading Thursday. The card processor's earnings per share minus one-time items climbed 37% to 74 cents, beating the Street's target by 15 cents. Revenue grew 11.5% to $3.52 billion, topping views for $3.36 billion. The number of Visa credit card transactions climbed 8% to 18 billion, and payments volume climbed 11% to $1.2 trillion. The

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