Earnings Outlook For Visa
Portfolio Pulse from Benzinga Insights
Visa (NYSE:V) is scheduled to release its quarterly earnings report on Thursday, 2024-01-25. Analysts predict an EPS of $2.34. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Visa's stock price has shown varied reactions to earnings reports, with a 0.94% increase after last quarter's beat. Shares are currently trading at $271.26, up 21.49% over the past year, indicating a bullish sentiment among long-term shareholders.
January 24, 2024 | 2:01 pm
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Visa is expected to report an EPS of $2.34 in its upcoming earnings. Historical data shows stock price reactions to earnings beats/misses. Shares are up 21.49% over the last year, indicating positive investor sentiment.
Given Visa's history of stock price increases following earnings beats and the current positive trend in its share price, there is a likelihood of a short-term positive impact if the company reports a beat and provides favorable guidance. However, the market's reaction can be unpredictable and may also hinge on the forward-looking statements made during the earnings call.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100