Earnings Outlook For Visa
Portfolio Pulse from Benzinga Insights
Visa (NYSE:V) is set to release its latest quarterly earnings report on Tuesday, 2023-10-24. Analysts estimate an earnings per share (EPS) of $2.24. Last quarter, Visa beat EPS by $0.05, which was followed by a 0.67% drop in the share price. Shares of Visa were trading at $233.38 as of October 20, with a 52-week increase of 19.87%.
October 23, 2023 | 3:01 pm
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NEUTRAL IMPACT
Visa is expected to announce its Q3 earnings on 2023-10-24. The company's stock price may be affected by the earnings report and any guidance provided.
Visa's stock price could be influenced by its Q3 earnings report. If the company beats the estimated EPS of $2.24, the stock price could rise. However, last quarter's EPS beat was followed by a 0.67% drop in the share price, indicating that other factors such as guidance also play a significant role. Given the 52-week increase of 19.87%, long-term shareholders are likely bullish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100