After the market closed Wednesday, leading credit card company Visa, Inc. (NYSE:V) announced earnings for the fourth quarter and full-year ended September 30, 2008. Including one-time items, the company experienced a net loss of $356 million, or 45 cents per share during the quarter. Last year in the same quarter the company reported a $1.66 billion loss. Operating revenue for the quarter increased 17 percent to $1.71 billion. Analysts were expecting a profit of $0.56 a share on revenue of $1.68 billion. Visa's full-year earnings rose to a profit of $804 million, from an $861 million loss last year. The company forecasts growth to slow to 11 to 15 percent through 2010, but still expects earnings to be on track with estimates. Shares of Visa were up 72 cents to $50.69 when the market closed Wednesday.

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