Visa (NYSE: V) has announced that it will be unveiling its fourth quarter financial results on Tuesday 29th October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
According to predictions from financial analysts on Wall Street, the organization is expected to report an estimated per share $2.58 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $9.49 billion during this period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $35.89 billion. In addition, they anticipate the company to report profit of $9.92 per share for the fiscal year.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $2.33. This considerable sum was attributed to the company's total revenue, which reached an impressive $8.61 billion during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q3 2024 | $2.42 | +12.0% | 8.90 B | +9.6% |
| Q2 2024 | $2.51 | +20.1% | 8.78 B | +9.9% |
| Q1 2024 | $2.41 | +10.6% | 8.63 B | +8.8% |
| Q4 2023 | $2.33 | +20.7% | 8.61 B | +10.6% |
| Q3 2023 | $2.16 | +9.1% | 8.12 B | +11.7% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the fourth quarter financial results on 29th October 2024 at 05:00 PM eastern time, in a conference call with public.
Friday's trading saw Visa (V) shares hit a low of $280.78 and a high of $285.09, with a day volume of 4.46 million shares. The stock closed the regular trading session at $281.73, marking 0.53 percent decline.
