tradingkey.logo

PREVIEW: Visa shares rise ahead of quarterly earnings

ReutersApr 29, 2025 4:27 PM

Visa's V.N shares up 0.7% to $339.88 on Tues ahead of the credit card giant's quarterly results due after markets close

Consumer spending, which is partly fueled by credit, has been hampered by still-high inflation as well as worries about the impact of tariffs on the economy

Wall Street analysts expect V to report ~9% rise in rev to $9.55 bln and adj EPS of $2.68, up ~7% from a year ago, per LSEG data

V's rev has met expectations 7 times over the last 8 quarters while its adj EPS has met analyst estimates every time in the same period

Among 43 analysts that cover V, avg rating is "BUY" and median PT is $388, down slightly from $390 last month, but up from $348.50 on Jan 29

Including move on Tues, V is up ~7.5% YTD while the S&P 500 financial index .SPSY is flat in 2025

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI