PREVIEW: Visa's earnings expected to be boosted by resilient consumer spending

Visa's V.N shares up 1.1% at $330.42 ahead of its quarterly earnings report due after markets close on Thursday

Wall Street analysts expect V to report a ~12% rise in revenue to ~$10.7 bln while adj EPS is estimated to rise to $3.14 versus $2.75 a year earlier

V's adj EPS have exceeded analyst expectations every time in the last 8 quarters while revenue has met or beaten expectations in seven of past eight qtrs

Earlier on Thurs, V's rival Mastercard MA.N beat Wall Street expectations for fourth-quarter profit, as resilient spending on travel, leisure and everyday essentials boosted transaction volumes for the payment processor

Among 41 analysts covering V, avg rating is "BUY" and median PT is $404

V is down 5.8% YTD vs 3.1% decline in S&P 500 financial sector .SPSY