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Visa: Fiscal Q2 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Visa Inc. (V) on Tuesday reported fiscal second-quarter net income of $6.02 billion.

On a per-share basis, the San Francisco-based company said it had profit of $3.14. Earnings, adjusted for non-recurring costs and amortization costs, were $3.31 per share.

The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.09 per share.

The global payments processor posted revenue of $11.23 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $10.69 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on V at https://www.zacks.com/ap/V

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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