Visa
Visa (V) closed the latest buying and selling day at $181.76, shifting +0.97% from the earlier buying and selling session. This transfer outpaced the S&P 500’s day by day lack of 3.17%. On the similar time, the Dow misplaced 3.77%, and the tech-heavy Nasdaq misplaced 2.28%.
Previous to right this moment’s buying and selling, shares of the worldwide funds processor had misplaced 13.54% over the previous month. This has lagged the Enterprise Providers sector’s lack of 8.45% and the S&P 500’s lack of 8.05% in that point.
Wall Road shall be searching for positivity from V because it approaches its subsequent earnings report date. The corporate is predicted to report EPS of $1.41, up 7.63% from the prior-year quarter. In the meantime, our newest consensus estimate is asking for income of $6.05 billion, up 10.07% from the prior-year quarter.
For the total yr, our Zacks Consensus Estimates are projecting earnings of $6.14 per share and income of $25.34 billion, which might symbolize adjustments of +12.87% and +10.29%, respectively, from the prior yr.
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