Published on 21 Jan 2022 on Zacks via Yahoo Finance

Why Visa (V) Could Beat Earnings Estimates Again

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Visa (V). This company, which is in the Zacks Financial Transaction Services industry, shows potential for another earnings beat.

When looking at the last two reports, this global payments processor has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 8.96%, on average, in the last two quarters.

For the most recent quarter, Visa was expected to post earnings of $1.53 per share, but it reported $1.62 per share instead, representing a surprise of 5.88%. For the previous quarter, the consensus estimate was $1.33 per share, while it actually produced $1.49 per share, a surprise of 12.03%.