Visa Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Visa Inc. (NYSE:V) is expected to report higher Q3 earnings, with analysts forecasting $2.42 per share and $8.92 billion in revenue. The company recently partnered with Amazon (NASDAQ:AMZN) to offer flexible payment options in Canada. Analysts have revised their ratings and price targets for Visa ahead of the earnings call.
July 23, 2024 | 10:03 am
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POSITIVE IMPACT
Amazon has partnered with Visa to offer Canadian consumers more flexible payment options at checkout. This partnership could enhance Amazon's customer experience and potentially increase sales in Canada.
The partnership with Visa to offer flexible payment options in Canada is likely to positively impact Amazon by improving customer experience and potentially increasing sales in the region.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Visa is expected to report higher Q3 earnings with $2.42 per share and $8.92 billion in revenue. The company recently partnered with Amazon to offer flexible payment options in Canada. Analysts have revised their ratings and price targets for Visa ahead of the earnings call.
The expected higher earnings and revenue, along with a new partnership with Amazon, are positive indicators for Visa's stock. Additionally, multiple analysts have revised their ratings and price targets upwards, suggesting confidence in the company's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100