- Visa Inc V and Estee Lauder Companies Inc EL are scheduled to announce their quarterly financial results on Monday.
- While Visa is expected to deliver a year-over-year increase in earnings of at least 12.7 percent, Estee Lauder is anticipated to report a 12.5 percent decrease in earnings year-over-year.
- Despite the disparate projections, shares of both companies were down on Friday trading.
Visa
According to Estimize, the Street is modeling earnings of $0.62 per share on revenue of $3.558 billion for the famed payments technology company. This compares to earnings of $0.55 per share on revenue of $$3.229 billion retrieved a year ago.
The crowd is even more bullish, anticipating consensus earnings of $0.67 per share on revenue of $3.594 billion for Visa’s fourth fiscal quarter.
In addition, it should be noted from the chart above that the big V has tended to beat the Street’s consensus estimates over the past couple of years.
Estee Lauder
On the other hand, the makeup maker is expected to deliver a not-so-good quarter. The Street is projecting earnings of $0.70 per share on revenue of $2.797 billion, pretty much in line with the crowd’s consensus, and above guidance, which called for earnings in the $0.66 to $0.69 per share range, on revenue between $2.789 billion and $2.841 billion.
As it can be noted in the chat above, these estimates imply a fall from the earnings of $0.80 per share on revenue of $2.631 billion seen in the same quarter last year.
However, investors should also notice that Estee Lauder has also tended to comfortably beat estimates and guidance over the past eight quarters.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
Image Credit: Public Domain
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