Visa
Visa (V) closed at $184.48 within the newest buying and selling session, marking a -1.33% transfer from the prior day. This modification was narrower than the S&P 500’s 1.71% loss on the day. On the identical time, the Dow misplaced 0.98%, and the tech-heavy Nasdaq misplaced 1.87%.
Coming into right this moment, shares of the worldwide funds processor had misplaced 7.92% prior to now month. In that very same time, the Enterprise Providers sector misplaced 8.86%, whereas the S&P 500 misplaced 9.13%.
Wall Road shall be searching for positivity from V because it approaches its subsequent earnings report date. On that day, V is projected to report earnings of $1.40 per share, which might signify year-over-year progress of 6.87%. In the meantime, our newest consensus estimate is looking for income of $6.01 billion, up 9.4% from the prior-year quarter.
Trying on the full 12 months, our Zacks Consensus Estimates counsel analysts predict earnings of $6.13 per share and income of $25.28 billion. These totals would mark modifications of +12.68% and +10.03%, respectively, from final 12 months.
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