We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stay Ahead of the Game With Visa (V) Q2 Earnings: Wall Street's Insights on Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that Visa (V - Free Report) will announce quarterly earnings of $2.68 per share in its forthcoming report, representing an increase of 6.8% year over year. Revenues are projected to reach $9.56 billion, increasing 9% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance 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.
In light of this perspective, let's dive into the average estimates of certain Visa metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Revenues- Other revenues' will reach $894.31 million. The estimate indicates a change of +18.3% from the prior-year quarter.
Analysts predict that the 'Revenues- Service revenues' will reach $4.40 billion. The estimate suggests a change of +9.1% year over year.
The consensus among analysts is that 'Revenues- Data processing revenues' will reach $4.65 billion. The estimate points to a change of +9.2% from the year-ago quarter.
Analysts forecast 'Revenues- International transaction revenues' to reach $3.36 billion. The estimate indicates a change of +12.7% from the prior-year quarter.
According to the collective judgment of analysts, 'End of Period Connections - Total transactions' should come in at 61.08 billion. Compared to the current estimate, the company reported 55.46 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Payments Volume - Europe' of $680.29 billion. The estimate is in contrast to the year-ago figure of $620 billion.
The combined assessment of analysts suggests that 'Total volume' will likely reach $3,988.87 billion. The estimate is in contrast to the year-ago figure of $3,780 billion.
The average prediction of analysts places 'Payments volume - U.S.A' at $1,675.64 billion. Compared to the present estimate, the company reported $1,561 billion in the same quarter last year.
The consensus estimate for 'Payments volume - LAC' stands at $234.23 billion. Compared to the current estimate, the company reported $213 billion in the same quarter of the previous year.
Analysts' assessment points toward 'Payments volume - CEMEA' reaching $209.41 billion. The estimate compares to the year-ago value of $182 billion.
Analysts expect 'Total payments volume' to come in at $3,406.83 billion. The estimate compares to the year-ago value of $3,173 billion.
Based on the collective assessment of analysts, 'Payments volume - Canada' should arrive at $100.52 billion. Compared to the present estimate, the company reported $95 billion in the same quarter last year.
Visa shares have witnessed a change of -2.9% in the past month, in contrast to the Zacks S&P 500 composite's -5.1% move. With a Zacks Rank #3 (Hold), V is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Stay Ahead of the Game With Visa (V) Q2 Earnings: Wall Street's Insights on Key Metrics
Analysts on Wall Street project that Visa (V - Free Report) will announce quarterly earnings of $2.68 per share in its forthcoming report, representing an increase of 6.8% year over year. Revenues are projected to reach $9.56 billion, increasing 9% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance 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.
In light of this perspective, let's dive into the average estimates of certain Visa metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Revenues- Other revenues' will reach $894.31 million. The estimate indicates a change of +18.3% from the prior-year quarter.
Analysts predict that the 'Revenues- Service revenues' will reach $4.40 billion. The estimate suggests a change of +9.1% year over year.
The consensus among analysts is that 'Revenues- Data processing revenues' will reach $4.65 billion. The estimate points to a change of +9.2% from the year-ago quarter.
Analysts forecast 'Revenues- International transaction revenues' to reach $3.36 billion. The estimate indicates a change of +12.7% from the prior-year quarter.
According to the collective judgment of analysts, 'End of Period Connections - Total transactions' should come in at 61.08 billion. Compared to the current estimate, the company reported 55.46 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Payments Volume - Europe' of $680.29 billion. The estimate is in contrast to the year-ago figure of $620 billion.
The combined assessment of analysts suggests that 'Total volume' will likely reach $3,988.87 billion. The estimate is in contrast to the year-ago figure of $3,780 billion.
The average prediction of analysts places 'Payments volume - U.S.A' at $1,675.64 billion. Compared to the present estimate, the company reported $1,561 billion in the same quarter last year.
The consensus estimate for 'Payments volume - LAC' stands at $234.23 billion. Compared to the current estimate, the company reported $213 billion in the same quarter of the previous year.
Analysts' assessment points toward 'Payments volume - CEMEA' reaching $209.41 billion. The estimate compares to the year-ago value of $182 billion.
Analysts expect 'Total payments volume' to come in at $3,406.83 billion. The estimate compares to the year-ago value of $3,173 billion.
Based on the collective assessment of analysts, 'Payments volume - Canada' should arrive at $100.52 billion. Compared to the present estimate, the company reported $95 billion in the same quarter last year.
View all Key Company Metrics for Visa here>>>
Visa shares have witnessed a change of -2.9% in the past month, in contrast to the Zacks S&P 500 composite's -5.1% move. With a Zacks Rank #3 (Hold), V is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>