Analysts on Wall Street project that Visa (V) will announce quarterly earnings of $3.23 per share in its forthcoming report, representing an increase of 8.4% year over year. Revenues are projected to reach $11.37 billion, increasing 11.8% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Visa metrics that Wall Street analysts commonly model and monitor.
It is projected by analysts that the 'Revenues- Service revenue' will reach $4.85 billion. The estimate indicates a year-over-year change of +12%.
The consensus among analysts is that 'Revenues- Data processing revenue' will reach $5.86 billion. The estimate indicates a year-over-year change of +13.6%.
Analysts forecast 'Revenues- Other revenue' to reach $1.31 billion. The estimate points to a change of +27.5% from the year-ago quarter.
The average prediction of analysts places 'Revenues- International transaction revenue' at $3.92 billion. The estimate suggests a change of +7.9% year over year.
The combined assessment of analysts suggests that 'End of Period Connections - Total transactions' will likely reach 71.46 billion. The estimate is in contrast to the year-ago figure of 65.44 billion.
Based on the collective assessment of analysts, 'Payments volume - Total' should arrive at $3934.73 billion. Compared to the current estimate, the company reported $3618.00 billion in the same quarter of the previous year.
Analysts predict that the 'Total volume' will reach $4557.96 billion. The estimate is in contrast to the year-ago figure of $4250.00 billion.
Analysts expect 'Payments volume - Asia pacific' to come in at $530.21 billion. The estimate compares to the year-ago value of $509.00 billion.
Analysts' assessment points toward 'Payments volume - Canada' reaching $116.57 billion. The estimate compares to the year-ago value of $110.00 billion.
According to the collective judgment of analysts, 'Payments volume - U.S.' should come in at $1895.31 billion. Compared to the present estimate, the company reported $1766.00 billion in the same quarter last year.
The consensus estimate for 'Payments volume - CEMEA' stands at $246.25 billion. The estimate is in contrast to the year-ago figure of $219.00 billion.
The collective assessment of analysts points to an estimated 'Payments volume - Europe' of $868.35 billion. The estimate compares to the year-ago value of $774.00 billion.
View all Key Company Metrics for Visa here>>>Over the past month, shares of Visa have returned +6.4% versus the Zacks S&P 500 composite's +0.4% change. Currently, V carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Visa Inc. (V): Free Stock Analysis Report
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