
Shares outpaced the S&P 500 on Friday as Zacks consensus projected higher quarterly earnings and revenue for Visa.
Visa shares closed at $385.45 on Friday, up 2.76% from the previous session. The gain topped the S&P 500’s 0.6% rise.
The company’s next earnings report is expected on October 27. Zacks consensus estimates call for earnings of $3.43 per share and revenue of $12.07 billion for the quarter, up 15.1% and 12.59%, respectively, from a year earlier.
For the full fiscal year, Zacks consensus estimates project earnings of $13.22 per share and revenue of $45.83 billion.
This article was produced with the help of AI technology. Source: Yahoo Finance