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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

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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