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Visa Inc. (NYSE:V) releases its next round of earnings Wednesday, Oct. 24. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.
Earnings and Revenue
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Wall Street expects EPS of $1.20 and sales around $5.43 billion.
In the same quarter last year, Visa reported EPS of 90 cents on revenue of $4.86 billion. If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 33.33 percent. Revenue would be up 11.84 percent from the same quarter last year. Visa's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 1.09 | 1.02 | 1 | 0.85 |
| EPS Actual | 1.2 | 1.11 | 1.08 | 0.9 |
Stock Performance
Over the last 52-week period, shares are up 29.35 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Visa stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Visa's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.