On Thursday, January 30, Visa V will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Analysts covering Visa modeled for quarterly EPS of $1.46 on revenue of $6.07 billion .
In the same quarter last year, Visa reported earnings per share of $1.30 on sales of $5.51 billion. Sales would be up 10.24% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 |
EPS Estimate | 1.430 | 1.320 | 1.240 | 1.25 |
EPS Actual | 1.470 | 1.370 | 1.310 | 1.3 |
Stock Performance
Over the last 52-week period, shares are up 49.17%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
\Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. Analysts seem to have settled on a Neutral rating with Visa. The strength of this rating has maintained conviction over the past three months.
Conference Call
Visa is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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