RTTNews | Jul 27, 2021 04:49PM EDT

16:48 Tuesday, July 27, 2021 (RTTNews.com) - Visa Inc. (V) revealed earnings for its third quarter that rose from the same period last year.

The company's bottom line totaled $2.58 billion, or $1.18 per share. This compares with $2.37 billion, or $1.07 per share, in last year's third quarter.

Excluding items, Visa Inc. reported adjusted earnings of $3.26 billion or $1.49 per share for the period.

Analysts had expected the company to earn $1.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 26.7% to $6.13 billion from $4.84 billion last year.

Visa Inc. earnings at a glance:

-Earnings (Q3): $3.26 Bln. vs. $2.35 Bln. last year.-EPS (Q3): $1.49 vs. $1.08 last year.-Analysts Estimate: $1.34-Revenue (Q3): $6.13 Bln vs. $4.84 Bln last year.

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