Visa shares rose 1.54% to close at $378.40, outpacing the S&P 500's 0.46% gain, while the Dow and Nasdaq advanced 0.56% and 0.45%, respectively. Over the past month, Visa appreciated 0.83%, lagging the Business Services sector's 1.36% gain and the S&P 500's 2% rise. For its upcoming earnings, analysts project EPS of $3.43, up 15.1% year-over-year, and revenue of $12.07 billion, a 12.56% increase. For the full year, consensus estimates call for earnings of $13.16 per share and revenue of $45.83 billion, reflecting growth of 14.73% and 14.58%, respectively. In the last 30 days, the Zacks Consensus EPS estimate has moved 0.31% higher, and Visa holds a Zacks Rank of #3 (Hold). The stock trades at a forward P/E of 28.32, a premium to its industry's average of 13.42, and its PEG ratio of 2 compares to the industry's 0.85.
Visa Inc. Class AAnalysts project strong EPS and revenue growth, with consensus estimates raised, indicating positive earnings outlook.