Visa (V) Stock Falls in After-Hours Trading Despite Earnings Beat

NEW YORK (TheStreet) -- Visa  (V) fell in after-hours trading on Thursday despite the credit card company's third-quarter earnings that beat analysts' expectations.

Visa reported earnings of $2.17 a share on revenue of $3.2 billion, which beat analysts' expectations of $2.10 a share on revenue of $3.15 billion.

The stock was down 2.26% to $217.70 at 4:19 p.m.

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Separately, TheStreet Ratings team rates VISA INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:

"We rate VISA INC (V) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."

You can view the full analysis from the report here: V Ratings Report

V Price Chart V Price data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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