Visa Currently Expects FY24 Net Revenue Growth In Low Double-Digit, EPS Growth In Low-Teens
Portfolio Pulse from Benzinga Newsdesk
Visa anticipates its fiscal year 2024 net revenue to grow in the low double-digit range, with earnings per share (EPS) expected to increase in the low-teens.
April 23, 2024 | 8:28 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Visa expects FY24 net revenue growth in the low double-digit range and EPS growth in the low-teens.
Visa's guidance for fiscal year 2024 suggests a positive outlook on both revenue and earnings growth. This optimistic forecast is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term. The specific mention of low double-digit revenue growth and low-teens EPS growth indicates strong business performance and financial health, which are key drivers of stock price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100